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What is the value of a share of a corporation's $5.85 preferred stock to an investor who requires a 11.5 percent return? $50.87 $6.52 $4.71

What is the value of a share of a corporation's $5.85 preferred stock to an investor who requires a 11.5 percent return? $50.87 $6.52 $4.71 None of the listed choices is correct $5.25

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