Business, 30.11.2020 18:00, jennifer7037

E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $27 in perpetuity, beginning 16 years from now. If the market requires a return of 4.1 percent on this investment, how much does a share of preferred stock cost today?

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E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $27 in perpetu...