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0 - Test 5 Requires Respondus LockDown Brewser ime Left:1:26:22 Raiph King: Attempt 1 Question 23 (0.125 points) Soledad Company preferred stock has a market

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0 - Test 5 Requires Respondus LockDown Brewser ime Left:1:26:22 Raiph King: Attempt 1 Question 23 (0.125 points) Soledad Company preferred stock has a market price of $20. if it has a yeariy dividend of $1.50. what is your expected rate of return if you purchase the stock at its market price? 0 A) 075% O B) 7.5% Q C) 8.3% O D) 11.33% Question 24 (0.125 points) Preferred stock differs from common stock in that: O A) preferred stock usually has a maturity date. 0 B) common stock investors have a required return and preferred stock investors do not. Q C) preferred stock dividends are fixed. 0 D) preferred stock can never be calEed

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