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Question 19 (3 points) Suppose Washington Public Power preferred stock pays a dividend of $4.55...

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Question 19 (3 points) Suppose Washington Public Power preferred stock pays a dividend of $4.55 annually. If investors required return is 5.8%, what is the present value of the preferred stock? The common stock is trading for $92.87 per share. $97.42 $87.48 $78.45 $73.77 $171.32

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