Stimpson Inc. preferred stock pays a $.50 annual dividend. What is the value of the stock if your required rate of return is.10? Instruction: Type your answer in dollars, and round to two decimal places. E.g., if your answer is $77.77, you should type ONLY the number 77.77, neither $77.77, 78, nor 77.8. Otherwise, Blackboard will treat it as a wrong answer.