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Last year,Unlimited Sunshine Limited issued preference shares for $10.00 per share. However, the preference share price has fallen since these were issued. If the preference

Last year,Unlimited Sunshine Limited issued preference shares for $10.00 per share. However, the preference share price has fallen since these were issued. If the preference shares are paying $1.25 in dividends per year and the current market price is $14.14, what is the required return for Unlimited Sunshine Limited's preference shares?

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