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PRINCIPLE OF FINANCE Oren Yellow Berhads preferred stock pays a RM0.15 annual dividend. Calculate the value of the stock if your required rate of return

PRINCIPLE OF FINANCE

Oren Yellow Berhads preferred stock pays a RM0.15 annual dividend. Calculate the value of the stock if your required rate of return is 25% (round your answer to the nearest RM1)

A. RM 0.006

B. RM 0.06

C. RM 0.60

D. RM 6.00

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