Problem regarding the stock market value

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Walker, inc. plans to issue preferred stock with a perpetual annual dividend of $2.00 per share and a par value of $25.00. If the requiredreturn on this stock is currently 8%, what should be the stock's market value?

Reference no: EM13979456

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Problem regarding the stock market value : Walker, inc. plans to issue preferred stock with a perpetual annual dividend of $2.00 per share and a par value of $25.00. If the requiredreturn on this stock is currently 8%, what should be the stock's market value?
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