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Question 6 1 pts Hazel Corporation issued perpetual preferred stock with a par value of $100. The stock pays a a 8% annual dividend. If
Question 6 1 pts Hazel Corporation issued perpetual preferred stock with a par value of $100. The stock pays a a 8% annual dividend. If the required rate of return for preferred stock is 11% then what is the stock's value? O $72.73 O $266.67 O $981.82 O $137.50
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