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Alistar Inc. recently issued $90.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock is currently selling for $85.00, what

Alistar Inc. recently issued $90.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock is currently selling for $85.00, what is the expected return of this preferred stock?

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