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You are planning to purchase 100 shares of preferred stock and must choose between stock in Company A and Company 8 . Your required rare

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You are planning to purchase 100 shares of preferred stock and must choose between stock in Company A and Company 8 . Your required rare of return is 13%. If stock A pays a dividend of $3 and selis for $22, and stock 8 pays a dividend of $3.5 and sells tor $28, which stock should you choose? preferred stock A preferred stock B Not enough information to

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