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(29) please help me with this Carter's preferred stock pays a dividend of $4.00 per year. If the price of the stock is $50.00, what

image text in transcribed (29) please help me with this

Carter's preferred stock pays a dividend of $4.00 per year. If the price of the stock is $50.00, what is the stock's expected annual dividend yield? 7.23% 7.41% 7.61 % 7.80% 8.00%

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