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You purchased 200 shares of preferred stock on January 1 for $42.27 per share. The stock pays an annual dividend of S5 per share On

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You purchased 200 shares of preferred stock on January 1 for $42.27 per share. The stock pays an annual dividend of S5 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 answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 11.83% b 15.00% c 22.73% d 107.14% e 122.14%

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