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Mon Jun 29, 2020, 11:22:47PM (America/Los Angeles -07:00) Question 12 --/1 View Policies Current Attempt in Progress Each quarter, Wildhorse, Inc, pays a dividend on

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Mon Jun 29, 2020, 11:22:47PM (America/Los Angeles -07:00) Question 12 --/1 View Policies Current Attempt in Progress Each quarter, Wildhorse, Inc, pays a dividend on its perpetual preferred stock. Today the stock is selling at $64.50. If the required rate of return for such stocks is 16.00 percent, what is the quarterly dividend paid by this Wildhorse?(Round answer to 2 decimal places, es. 15.25.) Quarterly dividend paid $

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