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ADR Bank preferred stock pays an annual dividend of $2.50 per share. If the stock is currently selling for $21.95 per share, what is the

ADR Bank preferred stock pays an annual dividend of $2.50 per share. If the stock is currently selling for $21.95 per share, what is the expected rate of return on this stock?

8.78%

12.5%

11.4%

13.6%

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