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Question 13 1 pts Kin Corp. has preferred stock that was issued 3 years ago. It currently sells for $33.50 and pays a dividend

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Question 13 1 pts Kin Corp. has preferred stock that was issued 3 years ago. It currently sells for $33.50 and pays a dividend of 2.14 per share. What is the rate of return on the preferred stock? 6.4% 19.2% 7.80% O 4.70%

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