Jia's Kitchen Stuff has recently sold 1,000 shares of preferred stock.What is the per share value of the stock assuming 10 percent required rate of return and a preferred dividend of $6.75?

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The Answer of Jia's Kitchen Stuff has recently sold 1,000 shares of preferred stock.What is the per share value of the stock assuming 10 percent required rate of return and a preferred dividend of $6.75?

Jia's Kitchen Stuff Has Recently Sold 1,000 Shares of Preferred