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Unique Stores preferred stock pays a constant annual dividend of $1.75 per share and the next dividend will be paid in approximately one year. What
Unique Stores preferred stock pays a constant annual dividend of $1.75 per share and the next dividend will be paid in approximately one year. What should the preferred stock price be if the required return is 13.25 percent?
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$12.50
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$13.33
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$13.21
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$12.88
- $14.18
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