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17. Kolb's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $47.33, what is nominal (not effective) annual
17. Kolb's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $47.33, what is nominal (not effective) annual rare of return?
a. 8.03%
b. 8.24%
c. 8.45%
d. 8.89%
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Options Futures And Other Derivatives
Authors: John C. Hull
4th Edition
0130224448, 9780130224446
