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You bought a share of 5.80 percent preferred stock for $93.68 last year. The market price for your stock is now $96.42.

Required:

What is your total return for last year? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Total return for last year %

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91581730

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