Question 18 1 pts The Jones Company has decided to undertake a large project. Consequently, there is a need for additional funds. The financial manager plans to issue preferred stock with a perpetual semiannual dividend of $5.4 per share and a par value of $80. If the required return on this stock is currently 7.2 percent, what should be the stock's market value? $140 $160 O $180 $170 $150