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Beaver Corp preferred stock has a market price of $14.50. If it had a yearly dividend of $3.50, what is your expected rate of return

Beaver Corp preferred stock has a market price of $14.50. If it had a yearly dividend of $3.50, what is your expected rate of return if you purchase the stock at its market price?

A. 41.43%

B. 19.45%

C. 22.36%

D. 24.14%

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