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Question 4 Investors expect a rate of return of 9.7% on a preferred stock that has a current price of $54.17. What constant dividend must

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Question 4 Investors expect a rate of return of 9.7% on a preferred stock that has a current price of $54.17. What constant dividend must the stock be paying in perpetuity? 1 point Enter your response below rounded to 2 DECIMAL PLACES. Number

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