Fegley, Inc., has an issue of preferred stock outstanding that pays a $3.80 dividend every year in perpetuity. If this issue currently sells for $93 per share, what is the required return? Input area: \begin{tabular}{lr|} \hline Dividend & $3.80 \\ Share price & $93.00 \\ \hline \end{tabular} (Use cells A6 to B7 from the given information to complete this question.) Output area: Required return