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Intro The preferred stock of General Motors pays an annual dividend of $1.8 forever. The appropriate discount rate is 9% per year. | Attempt 1/6

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Intro The preferred stock of General Motors pays an annual dividend of $1.8 forever. The appropriate discount rate is 9% per year. | Attempt 1/6 for 10 pts. Part 1 What is the present value of all dividends? 0+ decimals

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