Question: E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $9 in perpetuity, beginning 10 years from now. If the

E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $9 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 $34.70 $36.26 $40.08 $38.17

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