You bought a share of 690 percent preferred stock for 9918


You bought a share of 6.90 percent preferred stock for $99.18 last year. The market price for your stock is now $104.67.

What is 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 for last year_______%

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Financial Management: You bought a share of 690 percent preferred stock for 9918
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