Question 2 (10 points) A perpetual preferred stock has a par value of $60 per share and the dividend rate is 6.5% per year. If investors require a return of 5.6% per year to hold the preferred stock, what is its intrinsic value per share? O A) $67.62 OB) $65.12 OC) $68.83 OD) $69.64 O E) $66.85