Business
Business, 29.11.2019 00:31, mjwaple57

Connor publishing's preferred stock pays a dividend of $1.00 per quarter, and it sells for $55.00 per share. what is its effective annual (not nominal) rate of return? a. 6.62%b. 6.82%c. 7.03%d. 7.25%e. 7.47%

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