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Time left 1:38:12 Question 20 Not yet answered Marked out of 6.00 Flag question MNY Co. has preferred stock outstanding that is expected to pay

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Time left 1:38:12 Question 20 Not yet answered Marked out of 6.00 Flag question MNY Co. has preferred stock outstanding that is expected to pay an annual dividend of $4.74 every year in perpetuity. If the required return is 4.59 percent, what is the current stock price? (Do not round intermediate calculations and round your answer to 2 decimal places, eg, 832.16) https://www.desmos.com/scientific? Answer: Finish attempt... Previous page

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