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Question 3 2.5 pts A preferred stock pays a dividend of $2.65 each quarter. It's required rate of return is 11%. What is it's value

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Question 3 2.5 pts A preferred stock pays a dividend of $2.65 each quarter. It's required rate of return is 11%. What is it's value per share? $22.11 $.96 $24.09 $90.91 $19.19

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