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Pacific Power preferred stock pays a dividend of $6.25 annually. The common stock pays an...

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Pacific Power preferred stock pays a dividend of $6.25 annually. The common stock pays an annual dividend of $3.15. If the required return for the preferred stock is 4.9%, what is the value of the preferred? $191.84 $133.80 O $ $127.55 $64.29 O $95.92

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