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value of a preferred stock. if a preferred stock from ecology and environment inc (EEI) pays $8.50 in annual dividends, and the required return on
value of a preferred stock. if a preferred stock from ecology and environment inc (EEI) pays $8.50 in annual dividends, and the required return on the preferred stock is 6.40 percent, whats the value of the stock?
a. 54.40
b. 1.33
c. 132.81
d. .54
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