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Wunder Molors has preferred stock outstanding which pay a $ 1 . 2 5 amual dividend. You require a 1 5 % retum. What is

Wunder Molors has preferred stock outstanding which pay a $1.25 amual dividend. You require a 15% retum. What is the maximum amount you would be willing to sterred stock
a.81200
b. $18.75
c.38.38
d.810.25
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