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Business, 02.03.2020 21:55 raikespeare5080

Each quarter, Sirkota, Inc., pays a dividend on its perpetual preferred stock. Today the stock is selling at $63.19. If the required rate of return for such stocks is 18.0 percent, what is the quarterly dividend paid by this Sirkota? (Round answer to 2 decimal places, e. g. 15.25.) Quarterly dividend paid $

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Each quarter, Sirkota, Inc., pays a dividend on its perpetual preferred stock. Today the stock is se...
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