You bought a 4 percent preferred stock for $95.90 last year. The market price of your shares

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You bought a 4 percent preferred stock for $95.90 last year. The market price of your shares is now $97.38

What was your total return last year? (Do not round intermediate calculations and round your final answer to 2 decimal places. (eg, 32.16))

trotting return

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Jul 04, 2023 01:06 AM

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You bought a 4 percent preferred stock for $95.90 last year. The market price of your shares

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To calculate the total return on your preferred stock investment you can use the formul... View the full answer

Financial Accounting and Reporting a Global Perspective

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