What is the value of the stock

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A preferred stock from Duquesne Light Company (DQUPRA) pays $3.90 in annual dividends.

If the required return on the preferred stock is 6.80 percent, what’s the value of the stock? (Round your answer to 2 decimal places.)

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What is the value of the stock : If the required return on the preferred stock is 6.80 percent, what’s the value of the stock?

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