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McKerley Corporation has preferred stock outstanding that willpay an annual dividend of $5.05 per share with the first dividendexactly 11 years from today. If the

McKerley Corporation has preferred stock outstanding that willpay an annual dividend of $5.05 per share with the first dividendexactly 11 years from today. If the required return is 3.87percent, wh 2 answers

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