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Question 5 (3 points) Determine the value of a LASA 6.25% cumulative preferred stock, series D, paying an annual dividend of $4.69 to an investor

Question 5 (3 points) Determine the value of a LASA 6.25% cumulative preferred stock, series D, paying an annual dividend of $4.69 to an investor who requires a 9.5% rate of return on a security with this risk. $114.00 $65.79 $75.00 $49.37

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