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Quill Inc. has preferred stock outstanding that is currently selling at a price of $25 per share and is paying out a dividend of $1.95

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Quill Inc. has preferred stock outstanding that is currently selling at a price of $25 per share and is paying out a dividend of $1.95 at the end of each year. What is the required rate of return for this stock? 3.9% 5.6% 7.8% 10.2%

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