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The holder of each share of Tennessee Technology Company preferred stock expects to receive a dividend of $1.82 quarterly (every three months). If a rational

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The holder of each share of Tennessee Technology Company preferred stock expects to receive a dividend of $1.82 quarterly (every three months). If a rational purchaser would require a 7.86% compounded annual rate of return (in EAR terms), at what price would we expect each share to be sold? (Be sure to carry computations out several decimal places for accuracy.) O A $110.87 OB. $92.62 OC. $381.23 OD. $115.71 O E. $95.31 Reset Selection Question 21 of 25 5 Points BE

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