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Business, 10.11.2019 04:31 Panthers23

E-eyes has a new issue of preferred stock it calls 20/20 preferred. the stock will pay a $20 dividend per year, but the first dividend will not be paid until 20 years from today. if you require a return of 10.5 percent on this stock, how much should you pay today? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) current stock price

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