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Stana, Inc., has preferred stock outstanding that sells for $95.58 per share. If the required return is 3.66 percent, what is the annual dividend? Multiple

Stana, Inc., has preferred stock outstanding that sells for $95.58 per share. If the required return is 3.66 percent, what is the annual dividend?

Multiple Choice

$3.50
$3.63
$3.15
$3.37
$3.28

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