Tarpon Bay Industries preferred stock pays an annual dividend of $3.50 per share. If the risk-free rate is 2.5%, the expected return on the market is 7%, and Tarpon Bay's preferred stock is only 4/5 as risky as the market on average, what is the most that an investor should be willing to pay for a share of Tarpon Bay preferred stock TODAY? O A. $43.21 B. $37.53 O C. $23.68 OD. $57.38 A stock has an average return of 7% and a standard deviation of 3%. If returns are normally-distributed, there would be an approximately 16% chance that an actual return would be A. below -10% OB. above 4% O C. above 10% O D. below -4%