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Vulcan Tires Corp. has preferred stock outstanding that will pay an annual dividend of $4.11 every year in perpetuity. If the stock currently sells for
Vulcan Tires Corp. has preferred stock outstanding that will pay an annual dividend of $4.11 every year in perpetuity. If the stock currently sells for $100,01 per share, what is the required return? Multiple Choice O 470% 243% G 4.11%
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