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Preferred stockholder expected return ) Zust preferred stock is selling for $ 40.48 per share and pays $ 1.85 in dividends. What is your expected

Preferred stockholder expected return) Zust preferred stock is selling for $40.48 per share and pays $1.85 in dividends. What is your expected rate of return if you purchase the security at the marketprice?

Your expected rate of return is _________%. (Round to two decimalplaces.)

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