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You are interested in buying ABC Company's preferred stock which is traded at $57.74 per share today. This preferred stock pays a perpetual annual dividend

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You are interested in buying ABC Company's preferred stock which is traded at $57.74 per share today. This preferred stock pays a perpetual annual dividend of $5.55 per share and has a par value of S22 per share. What rate of return do you expect from the purchase of this preferred stock? 0.9.66% 0.9.69% 19.53 9.50% O 9.61

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