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Voltanis Corp. has preferred stock outstanding that will pay an annual dividend of $2.91 every year in perpetuity. If the stock currently sells for $93.21

Voltanis Corp. has preferred stock outstanding that will pay an annual dividend of $2.91 every year in perpetuity. If the stock currently sells for $93.21 per share, what is the required return? Multiple Choice

3.57%

2.81%

3.20%

3.12%

2.92%

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