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Horror Movies Co's preferred stock pays a dividend of $5.05 per quarter, and it sells for $103.00 per share. What is its effective annual rate

Horror Movies Co's preferred stock pays a dividend of $5.05 per quarter, and it sells for $103.00 per share. What is its effective annual rate of return? O 20.40% O 4.90% O 4.999 O 21. 10% O 19.61%

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