A share of preferred stock is currently trading for $$275$ and pays a dividend of $$4$ per year, with the next dividend due one year from today. What is your expected rate of return if you were to buy the stock today?

$2\mathrm{.}5\%$

$12\mathrm{.}5\%$

$1\mathrm{.}45\%$

$3\mathrm{.}33\%$