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Suppose the annual monthly dividend payable is OMR 0.600 baisa and the preferred stock is selling in the market for OMR 75. Determine the rate

Suppose the annual monthly dividend payable is OMR 0.600 baisa and the preferred stock is selling in the market for OMR 75. Determine the rate of return of investment?

9.6 %

7.5%

None.

8.5%

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