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. 11% ? b. 14% ? c. 8% ? d. 7% ? e. 6% ? f. 3% ? a. What annual dividend will it have to promise if investors demand a return of 11% ? (Round to the nearest cent)