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The preferred stock of Placer Corp.currently sells for OMR44.44 per share. The annual dividend of OMR4 is fixed. Assuming a constant dividend forever, what is

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The preferred stock of Placer Corp.currently sells for OMR44.44 per share. The annual dividend of OMR4 is fixed. Assuming a constant dividend forever, what is the rate of return on this stock? Select one: O a. 11.0% O b.9.0% O C10.0% O d.7.0% O e.8.0% Previous page Next page

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