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A share of preference shares pays a quarterly dividend of R2.50. If the price of this preference shares is currently R50, what is the simple

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A share of preference shares pays a quarterly dividend of R2.50. If the price of this preference shares is currently R50, what is the simple annual rate of return? Select one: a. 20% b. 18% C. 28% d. 23% e. 12%

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