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Question 2 Not yet awered Marked aut of 11.00 P Flag question Eagle Company has issued new preferred stock. It will pay an annual dividend

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Question 2 Not yet awered Marked aut of 11.00 P Flag question Eagle Company has issued new preferred stock. It will pay an annual dividend of 515 in perpetuity, beginning 12 years from now. If the required return for this ind of investments 5 percent how much does a share of preferred stock cost today? (Do not round intermediate calculations and round your answer to 2 decimal places, eg. 12:47) Next page Previous page

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