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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 $215 for the preferred stock and $26 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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