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Villalpando Winery wants to raise $10 million from the sale of preferred stock. If the winery wants to sell 1 million shares of preferred st&ck,

Villalpando Winery wants to raise $10 million from the sale of preferred stock. If the winery wants to sell 1 million shares of preferred st&ck, what annual dividend will it have to promise if investors demand a. a 12% return? an 18% return? C. d. c. f. an 8% return? a 6% return? a 9% return? a 7% return?

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