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Dan is looking at the preferred stock for Vaxination Corp. It costs $1040 and pays $13 per year. What is the rate of return on
Dan is looking at the preferred stock for Vaxination Corp. It costs $1040 and pays $13 per year. What is the rate of return on the stock?
A. 1.25%
B. 1.47%
C. 1.58%
D. 1.36%
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