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  • 25-02-2024
  • Business
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The preferred stock of Deep South Pies pays an annual dividend of $1.40 and sells for $18.20 a share. What is the rate of return on this security? Multiple Choice
A. 6.67%
B. 7.69%
C. 10.33%
D. 13.00%
E. 9.50%

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