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Question 1 (6 points) Three years ago you bought TD Bank preferred shares for $25 per share. They pay a dividend of $0.32 each quarter.

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Question 1 (6 points) Three years ago you bought TD Bank preferred shares for $25 per share. They pay a dividend of $0.32 each quarter. You sell your shares when the interest rate is 14 = 4.8%. Calculate your expected gain (or loss) per share. The next dividend is due in 3 months. If the answer is loss, please enter "-" sign. Your Answer: Answer units Previous Page Next Page Page 1 of 3

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