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valuer 10.00 points E-Eyes.com Bank Just issued some new pret ferred stock. The issue will pay a $16 annual dividend in perpetuity, beginning 5 years

valuer 10.00 points E-Eyes.com Bank Just issued some new pret ferred stock. The issue will pay a $16 annual dividend in perpetuity, beginning 5 years from now. 09 Required: If the market requires a 7 percent return on this investment, how much does a share of preferred stock cost today? O $228.57 $165.66 O $174.38 $183.09 O 162.97 O $162.97

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