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You bought a share of 6.10 percent preferred stock for $95.18 last year. The market price for your stock is now $98.67. Required: What is

You bought a share of 6.10 percent preferred stock for $95.18 last year. The market price for your stock is now $98.67. Required: What is your total return for last year? (Do not include the percent sign (%). Round your answer to 2 decimal places. Total return for last year ____%

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