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McGee Salvage, Inc.'s preferred stock is selling for $63.00 and pays $7.25 in dividends each year. What is your expected rate of return if you

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McGee Salvage, Inc.'s preferred stock is selling for $63.00 and pays $7.25 in dividends each year. What is your expected rate of return if you purchase the security at the market price? 11.51% 08.08% 14.07% 5.47%

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