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potter violin co . has just issued ninconvertible preferred stock with a par value of $ 1 0 0 and an annual dividend rste of

potter violin co. has just issued ninconvertible preferred stock with a par value of $100 and an annual dividend rste of 16.26 percent. the preferred stock is currently swlking for $125.50 per share. which rste of return does the investor expect to receive on this stick if the stock is purchased today?

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