How much would you be willing to pay for one share

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Question : UPS preferred stock pays $13 in annual dividends. If your required rate of return is 9.49 percent, how much would you be willing to pay for one share of this preferred stock? Round the answer to two decimal places.

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

Reference no: EM132036131

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