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The NBC Corporation issues preferred stock that pays a dividend of $ 3.50 indefinitely. Investors could invest their money at 6%. For how much will
The NBC Corporation issues preferred stock that pays a dividend of $ 3.50 indefinitely. Investors could invest their money at 6%. For how much will the preferred stock sell? Select one: a. $48.34 b. $58.34 c. $57.34 d. $55.34
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