You bought a share of 7.5 percent preferred stock for $91.60 last year.The market price for your stock is now $89.10.What is your total return to date on this investment?
A) 5.51 percent
B) 4.73 percent
C) 5.86 percent
D) 6.10 percent
E) 5.46 percent
Correct Answer:
Verified
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