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Question3 1 pts PQR, Inc., has an issue of preferred stock outstanding that pays a $3.57 dividend every year, in perpetuity. If this issue currently

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Question3 1 pts PQR, Inc., has an issue of preferred stock outstanding that pays a $3.57 dividend every year, in perpetuity. If this issue currently sells for $34.97 per share, what is the required return in percent? Answer to two decimals

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