Allison owns shares of Bakewell preferred stock, which she says provides her with a constant 9.5% rate of return. The stock is currently priced at $42.10 a share. What is the amount of the dividend per share?
A) $4.00
B) $4.25
C) $4.43
D) $4.50
E) $4.61
Correct Answer:
Verified
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