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A preferred stock pays an annual dividend of $5.40 and sells for $63.20 a shore. What is the rate of return? Mumiple Choice 872 percent

A preferred stock pays an annual dividend of $5.40 and sells for $63.20 a shore. What is the rate of return? Mumiple Choice 872 percent 9.38 percent 9.03 percent B.84 percent

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