HW Ch 8 6 Saved 5 Bedeker , Inc., has an issue of preferred stock outstanding that pays a $5.75 dividend every year in perpetuity. If this issue currently sells for $97 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.) 11.11 points Required return eBook Hint Print References