A preferred stock from duquesne light company dqupra pays
A preferred stock from Duquesne Light Company (DQUPRA) pays $4.10 in annual dividends.
If the required return on the preferred stock is 7.00 percent, what’s the value of the stock? (Round your answer to 2 decimal places.)
Value of stock $
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directions answer the following questions on a separate document explain how you reached the answer or show your work
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