Homework: Chapter 7 Homework Save 5 of 8 (0 complete) HW Score: 0%, 0 of 8 pts Score: 0 of 1 pt P7-13 (similar to) E Question Help Villalpando Winery wants to raise $30 million from the sale of preferred stock. If the winery wants to sell one million shares of preferred stock, what annual dividend will it have to promise if investors demand a return of a. 11%? b. 14%? C. 9%? d. 10%7 e. 6%? f. 3%7 a. What annual dividend will it have to promise if investors demand a return of 11%? S (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. 5 parts 5 remaining Clear All Check Answer Check