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Assuming a market price per share of $ 2 1 5 for the preferred stock and $ 2 6 for the common stock, determine the
Assuming a market price per share of $ for the preferred stock and $ for the common stock, determine the average annual percentage return on initial shareholders' investment, based on the average annual dividend per share a for preferred stock and b for common stock.
Round your answers to two decimal places.
Preferred stock
Common stock
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