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A company's preferred stock pays an annual dividend of $4.00 per share. The stock is currently priced at $80.00. What is the current dividend yield?
A company's preferred stock pays an annual dividend of $4.00 per share. The stock is currently priced at $80.00. What is the current dividend yield?
Group of answer choices
8.0%
4.0%
10.0%
5.0%
12.0%
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