What is the expected return of this preferred stock

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ZZZ-Best, Inc. recently issued $65.00 par-value preferred stock that pays an annual dividend of $17.00. If the stock is currently selling for $76.00, what is the expected return of this preferred stock?

22.37%

22.94%

24.42%

20.27%

22.60%

Reference no: EM13769167

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