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Can someone help me please. TIA Lerman Company has preferred stock outstanding. It pays an annual dividend of $10. If its current price is $50,

Can someone help me please. TIA

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Lerman Company has preferred stock outstanding. It pays an annual dividend of $10. If its current price is $50, what is the discount rate investors are using to value the stock? (Round answer to 0 decimal places.) Discount rate %

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