Question: E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $15 in perpetuity, beginning 6 years from now. If the

E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $15 in perpetuity, beginning 6 years from now. If the market requires a 7 percent return on this investment, how much does a share of preferred stock cost today? Multiple Choice $160.42 $145.14 $142.79 $152.78 $214.29

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