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Question 30 8 pts 30) Maxwell Co preferred stock pays $2.50 in annual dividends. Your required rate of return is 9% on this stock. a)

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Question 30 8 pts 30) Maxwell Co preferred stock pays $2.50 in annual dividends. Your required rate of return is 9% on this stock. a) How much will you be willing to pay for one share? b) The market price of one share of Maxwell Co preferred stock is $31.50. Based on your answer to part "a", should you buy the stock? 12pt Paragraph B I VA 2 T2 ... O words >

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