You plan to pay $$80$ for a share of preferred stock that pays a $$2\mathrm{.}80$ dividend per year forever. What annual rate of return will you realize?

Group of answer choices

$18\mathrm{.}66\%$

$1\mathrm{.}73\%$

$6\mathrm{.}0\%$

$5\mathrm{.}0\%$

$3\mathrm{.}50\%$