rices Ollie, Inc., has an issue of preferred stock outstanding that pays a dividend of $3.75 every year in perpetuity. I

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Rices Ollie Inc Has An Issue Of Preferred Stock Outstanding That Pays A Dividend Of 3 75 Every Year In Perpetuity I 1 (27.18 KiB) Viewed 11 times

rices Ollie, Inc., has an issue of preferred stock outstanding that pays a dividend of $3.75 every year in perpetuity. If this issue currently sells for $92 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return % 27