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Business, 22.09.2021 07:40 de5briz75

Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $55.00, what is its nominal (not effective) annual rate of return? a.6.04% b.6.91% c.8.36% d.7.27% e.8.07%

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Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $55.00,...
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