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nswered 0/2 pts Question 5 A company's preferred stock has a required rate of return of 10.6%, a par value of $100 and pays a
nswered 0/2 pts Question 5 A company's preferred stock has a required rate of return of 10.6%, a par value of $100 and pays a dividend of 5.1% of par. What is the intrinsic value of this company's preferred stock? Show your answer in pennies without the dollar sign. E.g. 9.99 u Answered orrect Answer 48.11 margin of error +/-0.05
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