Question: E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $6 in perpetuity, beginning 10 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 $6 in perpetuity, beginning 10 years from now, If the market requires a 10 percent return on this investment, how much does a share of preferred stock cost today? Multiple Choice $60.00 $23.13 $26.72 $24.17 $25.45

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