You purchased 200 shares of preferred stock on January 1 for $42.27 per share. The stock pays an annual dividend of $5 per share. On December 31 , the market price is $46.88 per share. What is your percent return for the year if you hold on to the stock? Select an answerand submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 11.83%