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James River Corp Has Preferred Stock Outstanding That Trades At $85. if the stock yields at 8%. what is the expected value of each quarterly

James River Corp Has Preferred Stock Outstanding That Trades At $85. if the stock yields at 8%. what is the expected value of each quarterly dividend payment? ( find D1 and divide by four)

a. 2.75 b.2.35 c.1.95 d.1.57 e.1.70

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