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Movi Question 6 A preferred stock currently sells at $50 per share. The stock pays a constant annual dividend of $2.5 per share. What

Movi Question 6 A preferred stock currently sells at $50 per share. The stock pays a constant annual dividend of $2.5 per share. What is the required rate of return on preferred stock? a. 5.0% b.6.4% c. 7.6% O d. 7.0%

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