You bought a share of 4.5 percent preferred stock for $105.35 last year. The market price for

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You bought a share of 4.5 percent preferred stock for $105.35 last year. The market price for your stock is now $103.18. What is your total return for last year?

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Essentials of Corporate Finance

ISBN: 978-1260013955

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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