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If the stock currently sells for 3252 what is the investors

PREFERDIV INC's preferred stock pays a $2.14 dividend every quarter forever. If the stock currently sells for $32.52, what is the investors' required rate of return? Write in the value with 4 decimal points but no % sign. For example, if answer is 7.82%, write in 0.0782.

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Finance Basics: If the stock currently sells for 3252 what is the investors

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