The preferred stock of Marble Comics pays annual dividends of S3 in perpetuity (starting in one year). If you buy a preferred share for S22.38 and hold it in perpetuity, then what is your annual rate of return? Express your answer as a percentage rounded to 2 places. i.e. 123456%-12.35%. What is your annual rate of return from the preferred stock? % (Round to two decimal places.)