Question: Please solve showing steps using Texas Instrument BA calculator, thank you!! 47 Corner Creations Inc. preferred stock pays annual dividend of $3.00 per share. If

Please solve showing steps using Texas Instrument BA calculator, thank you!!

47 Corner Creations Inc. preferred stock pays annual dividend of $3.00 per share. If an investor's required return (or what he can get elsewhere on similar preferred stock) is 9.5 percent, what should he pay for a share of this preferred stock

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