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Question 9 10 pts Early Corporation issued perpetual preferred stock with a dividend rate of 8.08%. on a par value of $83. The stock currently

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Question 9 10 pts Early Corporation issued perpetual preferred stock with a dividend rate of 8.08%. on a par value of $83. The stock currently yields 8.51%. What is the stock's current market value? State your answer to 2 decimal places. Do not include the $ symbol

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