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Intro The preferred stock of General Motors pays a dividend of $2 every quarter. The appropriate discount rate is 2% per quarter. - Attempt 1/3

Intro The preferred stock of General Motors pays a dividend of $2 every quarter. The appropriate discount rate is 2% per quarter. - Attempt 1/3 for 10 pts. Part 1 What is the present value of the preferred stock? + decimals Submit

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