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QUESTION 20 Snellen EO Inc. is offering its preferred stocks that have a cost of preferred equity of 7.35%. The stocks pay $5.65 dividend per
QUESTION 20
- Snellen EO Inc. is offering its preferred stocks that have a cost of preferred equity of 7.35%. The stocks pay $5.65 dividend per share. What is the current market price of the shares?
| a. | 76.87 |
| b. | 130.09 |
| c. | 116.74 |
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