Voltanis Corporation has preferred stock outstanding that will pay an annual dividend of $3.81 every year in perpetuity. If the stock currently sells for $98.31 per share, what is the required return? Multiple Choice о O O 3.49% 3.63% 2.58% 4.43% 3.88%

Intermediate Financial Management (MindTap Course List)
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ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
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Voltanis Corporation has preferred stock outstanding that will pay an annual
dividend of $3.81 every year in perpetuity. If the stock currently sells for $98.31 per
share, what is the required return?
Multiple Choice
O
о
о
O
3.49%
3.63%
2.58%
4.43%
3.88%
Transcribed Image Text:Voltanis Corporation has preferred stock outstanding that will pay an annual dividend of $3.81 every year in perpetuity. If the stock currently sells for $98.31 per share, what is the required return? Multiple Choice O о о O 3.49% 3.63% 2.58% 4.43% 3.88%
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