You bought a share of 4 percent preferred stock for 9635, Financial Management

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You bought a share of 4 percent preferred stock for 9635

You bought a share of 4 percent preferred stock for $96.35 last year. The market price for your stock is now $98.01.

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

Total return %

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Financial Management: You bought a share of 4 percent preferred stock for 9635

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Financial Management: You bought a share of 4 percent preferred stock for 9635

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