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What is the required return on the preferred shares of TH Incorporated? The price of the TH preferred share is $75, the par value of

  1. What is the required return on the preferred shares of TH Incorporated? The price of the TH preferred share is $75, the par value of the share is $85 and the dividend rate is 11%.
  1. 13.2%
  2. 9.7%
  3. 11%
  4. 12.5%

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