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Maps M Gmail YouTube Quiz: Fifth Quiz: C.. Iu Student Life nterpretive Simul.. Help Save & Exit Submit EC: Chapters 6-8 Saved A preferred stock

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Maps M Gmail YouTube Quiz: Fifth Quiz: C.. Iu Student Life nterpretive Simul.. Help Save & Exit Submit EC: Chapters 6-8 Saved A preferred stock from Duquesne Light Company (DQUPRA) pays $4.00 in annual dividends. If the required return on the preferred stock is 6.90 percent, what's the value of the stock? (Round your answer to 2 decimal places.) pped Value of stock

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