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(7 of 10) Return to Site A share of preferred stock pays an annual dividend of $3.00. What is the required rate of return on

(7 of 10) Return to Site A share of preferred stock pays an annual dividend of $3.00. What is the required rate of return on the stock if the current market price is $40? O 16.67% 12.50% O 10.71% 09.38% 07.50%

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