A share of preferred stock pays a quarterly dividend of $1. If the price of this preferred stock is currently $91, what is the nominal annual rate of return? O 5.60% 5.30% O 5.00% O 4.70% O 4.40%

A share of preferred stock pays a quarterly dividend of $1. If the price of this preferred stock is currently $91, what is the nominal annual rate of return? 5.60% 5.30% 5.00% 4.70% 4.40%