QUESTION 5 Bacon Signs Company preferred stock pays a perpetual annual dividend of 4.5% of its $25 par value. If investors' required rate of return on this stock is 11%, what is the value per share? O A. $8.50 OB. $12.00 OC. $11.82 OD. $10.23

Bacon Signs Company preferred stock pays a perpetual nnnual dividend of 4.5% of its $2.5 par value. If investorn' required rate of retum on this stock is 11%, what is the value per nhare? A $8.50 8. $1200 c $11.82 0.31023