Question: Can someone do this question? Question 3 (2 points) Suppose that a preferred share is pays a dividend of $0.95 (per share) on a quarterly
Can someone do this question?

Question 3 (2 points) Suppose that a preferred share is pays a dividend of $0.95 (per share) on a quarterly basis. The next dividend is to be paid 3 months from today. If the required rate of return on this share is 4.30% (effective annual rate), what is the price today of this preferred share? (Enter your answer to the nearest cent without any $ signs, e.g. 12.34.) Your
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