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Preferred stock with an annual dividend of $10 sells for $50. What is the stock's expected return? a) 50% b) 5% c) 20% d) none
Preferred stock with an annual dividend of $10 sells for $50. What is the stock's expected return?
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a) | 50% |
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b) | 5% |
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c) | 20% |
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d) | none of the above |
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