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Neptune Corporation's bond recently issued $60.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock is currently selling for $58.00,

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Neptune Corporation's bond recently issued $60.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock is currently selling for $58.00, what is the expected return of this preferred stock? O 8.98% O 8.07% 8.53% O 8.68% D 09.12%

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