Please find the current price of the stock.

\begin{tabular}{|l|c|c|c|c|c|} \hline \begin{tabular}{l} PREF Stock \\ Dividend Information \end{tabular} & \begin{tabular}{l} A preferred Stock will pay a \$12 dollar dividend in perpetuity \\ Dividend Amount \end{tabular} & $12 & & \\ \hline \begin{tabular}{l} Requred Return = \\ Current Price = \end{tabular} & 8.5% & & & \\ \hline \end{tabular}