Question: please help. its timed. thank you! E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $16 in perpetuity. beginning

please help. its timed. thank you!

E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $16 in perpetuity. beginning 5 years from now. If the market requires a 6 percent return on this imvestment, how much does a share of preferred stock cost today? Muttiple Choice $21122 $19927 $20060 $266.67 Multiple Choice $211.22 $199.27 $20066 $266.67 $22179

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