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Business, 08.11.2019 03:31 3peak101

Spiral staircase is offering preferred stock which is referred to as 10-10 stock. this stock will pay an annual dividend of $10 per share starting 10 years from now. what is this stock worth to you today if you require a rate of return of 9.5 percent? a) $66.70b) $46.51c) $49.63d) $120.52e) $105.26

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