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Rebello's preferred stock pays a dividend of $1.00 per quarter, and it sells for $75.00 per share. What is its effective annual (not nominal) rate
Rebello's preferred stock pays a dividend of $1.00 per quarter, and it sells for $75.00 per share. What is its effective annual (not nominal) rate of return?
| a. | 4.79% | |
| b. | 5.33% | |
| c. | 5.60% | |
| d. | 5.44% | |
| e. | 4.14% |
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Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
4th Edition
1640553223, 978-1640553224
