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The preferred stock of Selena Corp. pays a dividend of $1.50 per share. If Selena preferred stock currently sells for $10 per share, the required
The preferred stock of Selena Corp. pays a dividend of $1.50 per share. If Selena preferred stock currently sells for $10 per share, the required rate of return is: A) 15% B) 10% C) 7% D) 12% E) 14%
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