L Moving to another question will save this response. Question 30 Determine whether the following calculation of preferred stock is true or false. If the company pays annual dividend of $ 50 on preferred stock and par value of stock is $ 1,200. Required rate of return is 10%. Then value of stock is $45.45. True False A Moving to another question will save this response. MacBook Air .. DDD 80 F4 FS & 7 V # $ A % 5 6