[Solved] A share of preferred stock pays a dividen

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A share of preferred stock pays a dividend of 0.32 each quarter. If you are willing to pay $30.00 for this preferred stock, what is

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A share of preferred stock pays a dividend of 0.32 each quarter. If you are willing to pay $30.00 for this preferred stock, what is your nominal (not effective) annual rate of return

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