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You bought a share of 6.90 percent preferred stock for $99.18 last year. The market price for your stock is now $104.67. What is your
You bought a share of 6.90 percent preferred stock for $99.18 last year. The market price for your stock is now $104.67. What is your total return for last year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Total return for last year_______%
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