Villalpando Winery wants to raise $10 million from the sale of preferred stock. If the winery wants to sell one million shares of preferred stock, what annual dividend will it have to promise if investors demand a return of a. 12%? b. 18%? C. 82 d. 6%? e. 9%? f. 702 a. What annual dividend will it have to promise if investors demand a return of 12%? (Round to the nearest cent.)