What is the value of a preferred stock that pays a $2.10 dividend to an investor with a required rate of return of 11% (round your answer to the nearest $1)?
A)$19
B)$23
C)$17
D)$21

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The Answer of What is the value of a preferred stock that pays a $2.10 dividend to an investor with a required rate of return of 11% (round your answer to the nearest $1)?
A)$19
B)$23
C)$17
D)$21

What Is the Value of a Preferred Stock That Pays