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Business, 25.03.2020 23:57 xxaurorabluexx

Alcott's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00, what is its nominal (not effective) annual rate of return?

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Alcott's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00,...
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