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Intro The preferred stock of General Motors pays a dividend of $2 every quarter. The appropriate discount rate is 8% per quarter. To Attempt 1/10

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Intro The preferred stock of General Motors pays a dividend of $2 every quarter. The appropriate discount rate is 8% per quarter. To Attempt 1/10 for 10 pts. Part 1 What is the present value of all dividends? 0+ decimals Submit Part 2 IB Attempt 1/10 for 10 pts. If you expect to receive the $2 every quarter for exactly 7 years and nothing thereafter, what is the present value of those cash flows? 1+ decimals Submit

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