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Question 20) The preferred stock for CRYSTAL pays an annual dividend of $8.42 while the firm's preferred shareholders require an 13.5% return. The value of

Question 20) The preferred stock for CRYSTAL pays an annual dividend of $8.42 while the firm's preferred shareholders require an 13.5% return. The value of this firm is closest to...:

A) $62.35

B) $62.41

C) $62.39

D) $62.37

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