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Self-Study Problem 9.05 You are interested in buying the preferred stock of a bank that pays a dividend of $1.45 every quarter. If you discount

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Self-Study Problem 9.05 You are interested in buying the preferred stock of a bank that pays a dividend of $1.45 every quarter. If you discount such cash flows at 10 percent, what is the value of this stock? Value of the stock Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Attempts: 0 of 2 SAVE FOR LATER SUBMIT ANSWER idy

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