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The VIC Co. has preferred stock outstanding that pays a $4.50 dividend annualy and sells for $48.20 per share. What is the rate of return?

The VIC Co. has preferred stock outstanding that pays a $4.50 dividend annualy and sells for $48.20 per share. What is the rate of return? O 9:34 percent O 689 percent 770 percent O 823 percent 898 percent 4 9

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