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Business, 07.11.2021 14:00 Gloryreak3728

Ayden, Inc., has an issue of preferred stock outstanding that pays a dividend of $6.35 every year, in perpetuity. 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 %

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