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Bedekar, Inc. has an issue of preferred stock outstanding that pays a $ 2 . 5 5 dividend every year in perpetuity. If this issue

Bedekar, Inc. has an issue of preferred stock outstanding that pays a $2.55 dividend every year in perpetuity. If this issue currently sells for $67 per share, what is the required return?
Select one:
A.2.55%
B.3.74%
C.5.10%
D.3.81%
E.6.62%
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