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Business, 07.11.2019 22:31 torybobadilla

Carby hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $7.50 per share. if the required return on this preferred stock is 6.5%, at what price should the preferred stock sell? a. $104.27b. $106.95c. $109.69d. $112.50e. $115.38

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