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21 HODUCEDUL [ AaBbCcDdEe AaBbCcDdEe No Spacing Heading 1 Heading 2 Normal The preferred stock of Carla Vista Corp. is currently selling at $51.50. If

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21 HODUCEDUL [ AaBbCcDdEe AaBbCcDdEe No Spacing Heading 1 Heading 2 Normal The preferred stock of Carla Vista Corp. is currently selling at $51.50. If the required rate of return is 14.0 percent, what is the dividend paid by this stock? (Round answer to 2 decimal places, e.g. 15.25.)

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