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The present value of a preferred stock is calculated as: Select one: O a. The present value of an annuity due O b. The discounted

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The present value of a preferred stock is calculated as: Select one: O a. The present value of an annuity due O b. The discounted value of interest payments for the next ten years c. The present value of a perpetuity d. The present value of an ordinary annuity

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