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Question 3 (1 point) Rebello's preferred stock pays a dividend of $1.00 per quarter, and it sells for $55.00 per share. What is its effective

Question 3 (1 point) Rebello's preferred stock pays a dividend of $1.00 per quarter, and it sells for $55.00 per share. What is its effective annual (not nominal) rate of return? 6.95% 5.61% o 7.17% 7.70% 7.47%

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