Question: PLEASE SOLVE USING EXCEL FORMULA ONLY!! Suppose that a preferred share is pays a dividend of $ 0 . 7 5 ( per share )

PLEASE SOLVE USING EXCEL FORMULA ONLY!! Suppose that a preferred share is pays a dividend of $0.75(per share) on a quarterly basis. The next dividend is to be paid 3 months from today. If the required rate of return on this share is 3.30%(effective annual rate), what is the price today of this preferred share?

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