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Question 5 5 pts Apfel preferred stock offers a dividend of $1.88 per share. If you demand a return of 8% on your investment, what

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Question 5 5 pts Apfel preferred stock offers a dividend of $1.88 per share. If you demand a return of 8% on your investment, what will you be willing to pay per share? (Enter the number only with 2 decimal places. Do not enter $ or % or any other symbol.)

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