Find the value of this stock today

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Answer the Following Question

Kellerman has $75 par value preferred stock. It pays a dividend of $1.25 and the required rate of return is 7.5%

What is the value of this stock today?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131965639

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