Question $4$ of $5$

A preferred stock recently paid a $$0\mathrm{.}82$ dividend, and the required rate of return is $12\%.$ Which of the following calculates the

$\backslash$table$[[,$A$],[1,$Last Annual Dividend,B$],[2,$Required Return,$0\mathrm{.}82],[3,$Intrinsic Value of Stock,$12\%$