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Question 5 The preferred stock of Acme International is selling currently at $136. If your required rate of return is 8 percent, what is the

Question 5

The preferred stock of Acme International is selling currently at $136. If your required rate of return is 8 percent, what is the dividend paid by this stock?

a.

$12

b.

$15

c.

$13.6

d.

$10.88

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