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ving a proble Blank page C 2016 HYUNDAI SONATA SE FNB 100 Final connect theducation.com flow.connect inala Problem 8-11 Value of a Preferred Stock (LG8-5)

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ving a proble Blank page C 2016 HYUNDAI SONATA SE FNB 100 Final connect theducation.com flow.connect inala Problem 8-11 Value of a Preferred Stock (LG8-5) A preferred stock from Duquesne Light Company IDQUPRA pays $3.55 in annual dividends. If the required return on the preferred stock is 67 percent, what's the value of the stock? (Round your answer to 2 decimal places.) Value of stock - to search

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