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The preferred stock of Placer Corp. currently sells for OMR44.44 per share. The annual dividend of OMR4 is fixed. Assuming a constant dividend forever, what

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The preferred stock of Placer Corp. currently sells for OMR44.44 per share. The annual dividend of OMR4 is fixed. Assuming a constant dividend forever, what is the rate of return on this stock? Select one: O a. 10.0% b. 11.0% C. 9.0% d. 7.0% O e. 8.0%

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