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Voltanis Corporation has preferred stock outstanding that will pay an annual dividend of $3.21 every year in perpetuity. If the stock currently sells for $94.91

Voltanis Corporation has preferred stock outstanding that will pay an annual dividend of $3.21 every year in perpetuity. If the stock currently sells for $94.91 per share, what is the required return? Multiple Choice 3.04% 3.87% 3.17% 2.96%

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