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9to5 Services just issued a preferred stock that pays $8 dividends. What is the required return on this stock if it is trading at $125?

9to5 Services just issued a preferred stock that pays $8 dividends. What is the required return on this stock if it is trading at $125? Select one: a. 6.40 percent b. 5.20 percent C. 8.10 percent d. 7.30 percent

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