Business, 10.03.2020 00:32 queenlele

Rek Corp.’s preferred stock is selling for $53.83. If the company pays $5.03 annual dividends, what is the expected rate of return on its stock? Answer in percent format. Round to the nearest hundredth percent. Do not include the percent sign in your answer. (i. e. If your answer were 1.23%, then type 1.23 without a % sign)

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Rek Corp.’s preferred stock is selling for $53.83. If the company pays $5.03 annual dividends, what...

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