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3 Question 3 1 pts Neptune Corporation's bond recently issued $60.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock
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Question 3 1 pts Neptune Corporation's bond recently issued $60.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock is currently selling for $58.00, what is the expected return of this preferred stock? 8.07% 8.68% 9.12% 8.53% O 8.98% Step by Step Solution
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