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The risk premium is primarily concerned with business risk, financial risk, and inflation risk True or False True False An issue of preferred stock is

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The "risk premium" is primarily concerned with business risk, financial risk, and inflation risk True or False True False An issue of preferred stock is paying an annual dividend of $3.00. The growth rate for the firm's common stock is 7%. What is the preferred stock price of the required rate of return is 7%? (Round your answer to 2 decimal places.) Multiple Choice $4536 $42.86 O $4036 O O $4786

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