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Alistar Inc. recently issued $75.00 par-value preferred stock that pays a 8.00% dividend rate per year. If the stock is currently selling for $83.00, what

Alistar Inc. recently issued $75.00 par-value preferred stock that pays a 8.00% dividend rate per year. If the stock is currently selling for $83.00, what is the expected return of this preferred stock? 7.13% 6.61% 6.71% 7.57% 7.23%

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