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If Burnett Corp. has a preferred stock that pays $3.40 dividend every year till perpetuity, and if those stocks sell for $91/per share, what is
If Burnett Corp. has a preferred stock that pays $3.40 dividend every year till perpetuity, and if those stocks sell for $91/per share, what is the required return?
Select one:
a. 3.75%
b. 3.7%
c. 3.74%
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