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A share of Jones Inc. preferred stock pays a dividend of S1.25 cach quarter. You are willing to pay $37.50 for this stock. Your annual

A share of Jones Inc. preferred stock pays a dividend of S1.25 cach quarter. You are willing to pay $37.50 for this stock. Your annual return on the investment is a. 3.0% b.7.5% c. 13.3% d. 6.0% 3.3%

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