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dave Score: 0 of 1 pt 7 of 11 (0 complete) Score: 0%, 0 of 11 pts Problem 4.LO2.29 (similar to) E Question Help The

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dave Score: 0 of 1 pt 7 of 11 (0 complete) Score: 0%, 0 of 11 pts Problem 4.LO2.29 (similar to) E Question Help The preferred stock of Marble Comics pays annual dividends of $2 in perpetuity (starting in one year). If you buy a preferred share for $22.36 and hold it in perpetuity, then what is your annual rate of return? Express your answer as a percentage rounded to 2 places, ie. 12.3456%-12.35%. What is your annual rate of return from the preferred stock? % (Round to two decimal places.)

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