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Question 19 (5 points) Rebello's preferred stock has a par value of $60, and pays a dividend of $1.00 per quarter, and it sells for

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Question 19 (5 points) Rebello's preferred stock has a par value of $60, and pays a dividend of $1.00 per quarter, and it sells for $40 per share. What is the annual rate of return for this preferred stock? OA) 9.00% OB) 6.67% OC) 10.00% OD) 2.50% E) 8.75% Page 19 of 20

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