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Apple Inc. has preferred stock outstanding that will pay an annual dividend of $3.45 every year in perpetuity. If the stock currently sells for $96.27
Apple Inc. has preferred stock outstanding that will pay an annual dividend of $3.45 every year in perpetuity. If the stock currently sells for $96.27 per share, what is the required return? Multiple Choice O O 3.23% 3.58% 4.10% 2.79% 3.35%
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