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Intro The preferred stock of General Motors pays an annual dividend of $0.8 forever. The appropriate discount rate is 4% per year. Part 1 Attempt

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Intro The preferred stock of General Motors pays an annual dividend of $0.8 forever. The appropriate discount rate is 4% per year. Part 1 Attempt 1/10 for 10 pts. What is the present value of all dividends? 0+ decimals Submit

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