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Question 24 1 pts The National Bank of Virginia has issued perpetual preferred stock. The bank pays an annual dividend of $4.40 on this stock.

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Question 24 1 pts The National Bank of Virginia has issued perpetual preferred stock. The bank pays an annual dividend of $4.40 on this stock. What is the current price of this preferred stock given a discount rate of 7 percent? $62.86 $64.39 $68.04 O $66.26 Need

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