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Question 5 1 pts The National Bank of Columbia has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend

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Question 5 1 pts The National Bank of Columbia has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $2.50 on this stock. What is the current price of this preferred stock given a required rate of return of 78 percent (Round to two decimal places $137.57 $143 25 $128.21 $153.06

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