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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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