Rebel's preferred stock pays a dividend of $1.50 per quarter, and it sells for $50,00...
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Accounting
Rebel's preferred stock pays a dividend of $1.50 per quarter, and it sells for $50,00 per share. What is its effective annual (not nominal) rate of return (EAR)? Respond in percentage form without the percent sign and round to the second decimal place. Thus, 26.789% would be written as 26.79
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