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A preferred stock will have an annual dividend next period of $1.45 that will be paid in perpetuity. The discount rate i

Posted: Fri Jul 01, 2022 7:48 am
by answerhappygod
A preferred stock will have an annual dividend next period of$1.45 that will be paid in perpetuity. The discount rate is 10.2%.What is the current price of the stock?