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You bought a share of 5.23 percent preferred stock ($100 par value) for $95.48 last year. The market price for your stock is now $94.04.
You bought a share of 5.23 percent preferred stock ($100 par value) for $95.48 last year. The market price for your stock is now $94.04. What is your total return for last year? Answer as a percentage to two decimals (if you get -0.0435, you should answer -4.35).
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