Please use the following information for the next two questions. Rebello's perpetual preferred stock pays a dividend of $1.00 per quarter, and it sells for $55.00 per share. Question 9 (5 points) What is the nominal annual rate of return? 7.27% 1.82% 5.89% 6.53% 8.41% What is the effective annual rate of return? 7.47% 7.70% 7.17% 6.95% 5.61%