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You bought a share of 6 . 5 percent preferred stock for $ 9 7 . 1 8 last year. The market price for your
You bought a share of percent preferred stock for $ last year. The market price for your stock is now $ What is your total return for last year? Assume a par value of $
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
Total return for last year
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