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Voltanis Corp. has preferred stock outstanding that will pay an annual dividend of $3.63 every year in perpetuity. If the stock currently sells for $97.29

Voltanis Corp. has preferred stock outstanding that will pay an annual dividend of $3.63 every year in perpetuity. If the stock currently sells for $97.29 per share, what is the required return?

  • 3.36%

  • 3.73%

  • 3.49%

  • 2.68%

  • 4.26%

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