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What is the value of a share of a corporation's $4.40 preferred stock to an investor who requires a 13% return? $40.00 $4.29 $5.38 $3.83

What is the value of a share of a corporation's $4.40 preferred stock to an investor who requires a 13% return?

$40.00

$4.29

$5.38

$3.83

none of the above

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