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The current market value of the 500,000 preferred shares of Clumsy Sports Inc. is $25 million. If the shares pay an annual dividend of $5

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The current market value of the 500,000 preferred shares of Clumsy Sports Inc. is $25 million. If the shares pay an annual dividend of $5 on a par value of $85 and the risk-free rate is 5.5%, what is the implied risk premium? 5.50% O 4.0096 O 5.00% O 4.5096

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