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What is the value of a share of preferred stock paying $1.20 and the required rate of return is 8.5%? a.$12.75 b.$14.12 c.$22.50 d.$15.50
- What is the value of a share of preferred stock paying $1.20 and the required rate of return is 8.5%?
a.$12.75
b.$14.12
c.$22.50
d.$15.50
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