Question: ( / 4 ) Preferred Stock Valuation Nick's Enchiladas Incorporated has preferred stock outstanding that pays a dividend of $5 at the end of each

( / 4 ) Preferred Stock Valuation Nick's Enchiladas Incorporated has preferred stock outstanding that pays a dividend of $5 at the end of each year The preferred sells for $50 a share . What is the stock's required rate of return

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