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Check my w 6 eBook Hint Print Problem 8-8 Valuing Preferred Stock [LO1] Bedeker, Inc., has an issue of preferred stock outstanding that pays a

Check my w 6 eBook Hint Print Problem 8-8 Valuing Preferred Stock [LO1] Bedeker, Inc., has an issue of preferred stock outstanding that pays a $3.75 dividend every year in perpetuity. If this issue currently sells for $92 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return erences

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