Q4.	In 2019, Ming Berhad issued a RM150 par value preferred stock that pays an 8 percent annual dividend. Due to changes in the overall economy and in the company\'s financial condition, investors are now requiring a 16 percent return. What price would you be willing to pay for a share of the preferred if you receive your first dividend one year from now?
	a.  RM80
	b.  RM75
	c.  RM59
	d.  RM95
	e.  RM110