9.) The price of a preferred stock is $42.94. It pays a dividend of $2.23. Calculate the required return of the preferred stock

Enter the answer as a percentage and not decimals

If the answer is 10.52%, enter 10.52

assignment 2

The price of a preferred stock is $42.94. It pays a dividend of $2.23. Calculate the required return of the preferred stock Enter the answer as a percentage and not decimals If the answer is 10.52%, enter 10.52