Question: E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $10 in perpetuity, beginning 8 years from now. If the

E-Eyes.com just issued some new preferred stock. The issue will pay

E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $10 in perpetuity, beginning 8 years from now. If the market requires a 10 percent return on this investment, how much does a share of preferred stock cost today? 0 $100.00 0 $51.32 0 $48.75 0 $46.65 0 $53.88

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