Question: please help 5 points Save Answer CHAPTER 5: Bavarian Sausage, Inc. has preferred stock outstanding. This stock pays an annual dividend of $2.50. If the

please help
5 points Save Answer CHAPTER 5: Bavarian Sausage, Inc. has preferred stock outstanding. This stock pays an annual dividend of $2.50. If the next dividend is paid 12 months from now, and the annual required return is 10%, what should be the value of the preferred stock? a. $6.25 Ob. $25.00 c. $12.50 Od. $50.00
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