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What is the value of a $100.00 preferred stock with an annual dividend payment of $8.00, a required return of 5%, and a stated maturity

What is the value of a $100.00 preferred stock with an annual dividend payment of $8.00, a required return of 5%, and a stated maturity of 30 years? O a $146.12 O b. $160.00 O c $242.15 O d. $343.25 O e $484.31

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