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t: HW - Ch 9 Assignment Score: 0.00% Save Submit Assignment for Grading MC.09.079 Question 5 of 16 Check My Work Carter's preferred stock pays

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t: HW - Ch 9 Assignment Score: 0.00% Save Submit Assignment for Grading MC.09.079 Question 5 of 16 Check My Work Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $57.50, what is its nominal (not effective) annual rate of return? a. 6.96% b. 7.03% 5.84% d. 8.56% e. 6.7596 Check My Work AS

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