Question: E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $16 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 $16 in perpetuity, beginning 8 years from now. If the market requires a 6 percent return on this investment, how much does a share of preferred stock cost today? Multiple Choice $266.67 $167.31 U $186.22 $177.35 O O O $168.48

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