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4. T Manufacturing has just issued a perpetual preferred stock. If the preferred stock has a dividend of $5.50 per share, and is currently selling

4. T Manufacturing has just issued a perpetual preferred stock. If the preferred stock has a dividend of $5.50 per share, and is currently selling for $42.00 per share, what rate of return do investors expect to earn on this investment? A. 21.1% B. 4.4% C. 10.1% D. 13.1%

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