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XYZ's preferred shares sell for $ 35 each on the market and pay an annual dividend per share of $ 4.60. Determine: A. The expected

XYZ's preferred shares sell for $ 35 each on the market and pay an annual dividend per share of $ 4.60. Determine:

A. The expected rate of return. B. If the investor's required rate of return is 10%, what is the value of the stock to that investor?

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