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1 12. kok 14 Tadley Inc. has perpetual preferred stock outstanding that sells for a share and pays a dividend of $2.00 at the end

1 12. kok 14 Tadley Inc. has perpetual preferred stock outstanding that sells for a share and pays a dividend of $2.00 at the end of each year. What is the required to retur? Round your answer to two decantal places 15

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