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Are you up for some ASAP questions: $2.00 a question?King’s Farm has just issued preferred stock with a par value of $100 and an annual dividend rate of 8.09 percent. If your required rate of return is 8.56 percent, how much will you be willing to pay for one share of this preferred stock?

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Are you up for some ASAP questions: $2.00 a question?<br/><br/><br/>King’s

Farm has just issued preferred stock with a par value of $100 and an annual dividend rate of 8.09 percent. If your required rate of return is 8.56 percent, how much will you be willing to pay for one share of this preferred stock?

 
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