Filmore, Inc. just issued preferred stock. If the preferred dividend is $1.90 per share and shareholders...

Filmore, Inc. just issued preferred stock. If the preferred dividend is $1.90 per share and shareholders require an 3% return, what is the maximum amount an investor would pay for one share of Filmore preferred stock? (Enter your answer to the nearest cent without & or commas.)

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jeff jeffy answered 2 years ago

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