Question: E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $19 in perpetuity, beginning 6 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 $19 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 O $183.85 O O $271.43 O o $193.52 O () O $203.20 O O $180.86

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