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question 3 Neptune Corporation's bond recently issued $60.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock is currently selling

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Neptune Corporation's bond recently issued $60.00 par-value preferred stock that pays a 8.25% dividend rate per year. If the stock is currently selling for $58.00, what is the expected return of this preferred stock? 8.53% 8.68% 9.12% 8.98% 8.07%

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