Question 5 1 pts Suppose you purchased a $50 par value preferred stock. The stock's price is $48 per share and it pays a 9.6% dividend rate per year. Investors require a 13% rate of return on the stock and the marginal tax rate is 34%. What is the expected return on this preferred stock? O 6.6% O 11.3% O 8.9% O 10.0% 10.2%