Terry Corporation preferred stocks are expected to pay a $9 annual dividend forever. If the required rate of return on equivalent investments is 11%, a share of Terry preferred should be worth: —— 财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 2　Quantitative Methods Basic Concepts

财会经济>CFA特许金融分析师 > CFA考试（Level Ⅰ） > Study Session 2　Quantitative Methods Basic Concepts

单选题 编号：2690540

1. Terry Corporation preferred stocks are expected to pay a $9 annual dividend forever. If the required rate of return on equivalent investments is 11%, a share of Terry preferred should be worth:

A.$81.82
B.$99.00
C.$122.22

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