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please answer asap Preferred Stock ABC pays 8% of par value 1000 as fixed dividend forever. If your required rate of return is 10%. How

please answer asap

Preferred Stock ABC pays 8% of par value 1000 as fixed dividend forever. If your required rate of return is 10%. How much are you willing to pay for this preferred stock of 1000 par value? You must round up your answer to integer (For example, if your answer is 365.67, you must write 366).

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