Question: PLEASE ANSWER IN 10 MINS NEED ASAP WILL RATE GOOD IF SO A preferred stock will pay a dividend of $2.09 annually. The rate of

PLEASE ANSWER IN 10 MINS NEED ASAP WILL RATE GOOD IF SO

A preferred stock will pay a dividend of $2.09 annually. The rate of return you require for the stock is 9.5% What is the price of the preferred stock. Post your answer to the penny. $99.99 for example

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