A preferred stock is expected to pay a $0.75 dividend every quarter indefinitely. If the required rate of return is 10% with quarterly compounding, what formula in B3 can be used to determine the value of this stock?





a) =B1/B2/4

b) =B1/B2

c) =B1/(B2/4)

d) =B1*4/(B2/4)

e) =B1/(B3/4)


c) =B1/(B2/4)

Business

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