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simple but I can't seem to get it... Question 4 (5 points) You are offered a preferred stock that pays a constant dividend of $3.50/share.
simple but I can't seem to get it...
Question 4 (5 points) You are offered a preferred stock that pays a constant dividend of $3.50/share. How much you should pay for this stock if your required return is 5.20%? (Round your answer to the nearest hundredth; two decimal places) Your Step by Step Solution
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