Soledad Company preferred stock has a market price of $25. If it has a yearly dividend of $1.75, what is your expected rate of return if you purchase the stock at its market price? OA) 8.75% B) 7.0% C) 13.31% D) 21.33% Question 28 (0.15 points) Bill opens an IRA account in 2008 and plans to invest $5,000 per year for the next 30 years. Bill makes his first deposit on December 31, 2008 (at the end of the period), and will continue to make his annual deposits on the last day of each year. At the end of 30 years, how much will have accumulated in his IRA account, assuming an interest rate of 7% per year? (Round answer to nearest dollar.) OA) $192,600 B) $606,427 C) $566,754 D) $472,295