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Business, 12.08.2020 05:01 Nae0523

A preferred share of Coquihalla Corporation will pay a dividend of $8 in the upcoming year and every year thereafter; that is, dividends are not expected to grow. You require a return of 7% on this stock. Using the constant-growth DDM to calculate the value of Coquihalla Corporation is worth . A. $13.50 B. $45.50 C. $91 D. $114.29

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