What is the required return

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Ayden, Inc has an issue of preferred stock outstanding that pays a dividend of $5.95 every year, in perpetuity. this issue currently sells for $94 per share. What is the required return.

Reference no: EM131068574

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What is the required return : Ayden, Inc has an issue of preferred stock outstanding that pays a dividend of $5.95 every year, in perpetuity. this issue currently sells for $94 per share. What is the required return.
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