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QUESTION
CCE Inc. has preferred stocks outstanding. The preferred dividend per share is $2.5 and the required rate of return is .20. What is the expected
CCE Inc. has preferred stocks outstanding. The preferred dividend per share is $2.5 and the required rate of return is .20. What is the expected price per share?
Select one:
a. $13.77
b. $14.13
c. $13.11
d. $12.5
