Business
Business, 30.10.2019 20:31, paige1616

Bedekar, inc., has an issue of preferred stock outstanding that pays a $3.40 dividend every year in perpetuity. if this issue currently sells for $91 per share, what is the required return? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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