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Marie owns shares of Deltona Productions preferred stock which she says provides her with a constant 12 percent rate of return. The stock is currently

Marie owns shares of Deltona Productions preferred stock which she says provides her with a constant 12 percent rate of return. The stock is currently priced at $55 a share. What is the amount of the dividend per share?

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$6.50

$6.60

$6.25

$6.00

$7.00

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