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Problem 11-3- Preferred Stock Value A corporation preferred stock is selling for SAR 1750 per share and pays an annual dividend of SAR 152 per

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Problem 11-3- Preferred Stock Value A corporation preferred stock is selling for SAR 1750 per share and pays an annual dividend of SAR 152 per share. If the investor requires a return of 7%, what is the appropriate market value for the shares

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