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You bought a share of 4% preferred stock for $96.80 last year. The market price for your stock is now $98.64. What was your total
You bought a share of 4% preferred stock for $96.80 last year. The market price for your stock is now $98.64. What was your total return for last year?
For this problem i want to make sure that i am doing it correctly. I got 6.03%, would this be correct? If not, can you give me a step by step on how to find the answer? Thank you!!
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