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Voltanis Corp. has preferred stock outstanding that will pay an annual dividend of $3.39 every year in perpetuity. If the stock currently sells for $95.93
Voltanis Corp. has preferred stock outstanding that will pay an annual dividend of $3.39 every year in perpetuity. If the stock currently sells for $95.93 per share, what is the required return?
Multiple Choice
a.) 3.53%
b.) 3.18%
c.) 3.31%
d.) 2.83%
e.) 4.04%
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