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Question 27 3 pts Sanger Corp has an outstanding issue of perpetual preferred stock with an annual dividend of $9.25 per share. If the required

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Question 27 3 pts Sanger Corp has an outstanding issue of perpetual preferred stock with an annual dividend of $9.25 per share. If the required rate of return on this preferred stock is 6.35%, what is the current price of this preferred stock? O $150.68 $135.65 $110.55 $145.67 $125.85

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