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Pear Inc's preferred stock pays an annual dividend of $5.20 and the rate of return on preferred stock like Pear is 10.44 percent. What is

Pear Inc's preferred stock pays an annual dividend of $5.20 and the rate of return on preferred stock like Pear is 10.44 percent. What is the price of Pear Inc's preferred stock? Multiple Choice $41.18 $49.81 $39.87 $51.48 $42.90.

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