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Posted: **Wed May 18, 2022 11:20 pm**

: Difiore Corporation S 100 Face Value Fixed Rate Preferred Stock Pays An Annual Dividend Of 9 00 Per Share What Is The 1 (37.89 KiB) Viewed 18 times

DiFiore Corporation's $100 face value fixed-rate preferred stock pays an annual dividend of $9.00 per share. What is the value of one share of this stock to an investor who requires a rate of return of 8.75%? a. $ 102.86 b. $ 100.00 C. Cannot determine from the data given. d. $ 78.75