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Preferred shares in your firm carry a $2.85 dividend that never changes. If investors in this stock require a 10.0% return, what is a good

Preferred shares in your firm carry a $2.85 dividend that never changes. If investors in this stock require a 10.0% return, what is a good estimate of this stock's price? Click to open: None of the answers here are correct $35.09 $102.94 $28.50

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