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Intro The preferred stock of General Motors pays an annual dividend of $1.9 forever. The appropriate discount rate is 4% per year. | Attempt 1/5

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Intro The preferred stock of General Motors pays an annual dividend of $1.9 forever. The appropriate discount rate is 4% per year. | Attempt 1/5 for 2 pts. Part 1 What is the present value of all dividends? 1+ decimals Submit

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