What is the stock intrinsic value

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Wayne's steaks inc. has a 9%, non callable,$100-par-value preferred stock issued outstanding.On january 1,the market price per share is $73.dividends are paid annualy on december31. if you require a 12% annual return on this investment, what is this stock's intrinsic value to you on january 1(on per share basis).

Reference no: EM13143117

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