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What is your annual rate of return from the preferred

The preferred stock of Marble Comics pays annual dividends of ?$2 in perpetuity? (starting in one? year). If you buy a preferred share for ?$22.32 and hold it in? perpetuity, then what is your annual rate of? return? Express your answer as a percentage rounded to 2 places. i.e. ?12.3456%equals =?12.35%.

What is your annual rate of return from the preferred? stock?

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