Multiple Choice
Zylo,Inc.preferred stock pays a $7.50 annual dividend.What is the maximum price you are willing to pay for one share of this stock today if your required return is 7.5 percent?
A) $32.26
B) $35.48
C) $72.68
D) $100.00
E) $107.50
Correct Answer:
Verified
Correct Answer:
Verified
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