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I need help with solving this. Can you show the steps on how to get the answer as well Hart Enterprises has preferred stock outstanding

image text in transcribedI need help with solving this. Can you show the steps on how to get the answer as well

Hart Enterprises has preferred stock outstanding that pays a dividend of $10 at the end of each year. The preferred stock sells for $113.64 a share. What is the preferred stock's predicted rate of return? Select one: O a. 13.25% Ob. 9.45% , 12.50% Od 8.80% Oe 11.36%

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