Rate of return does investor expect to receive on stocks

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Silver coin corp.'s preferred stock is currently selling for $67. The company pays $8 annual dividends on this preferred stock. Which rate of return does the investor expect to receive on this stock if the stock is purchased today?

Reference no: EM13721918

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Rate of return does investor expect to receive on stocks : Silver coin corp.'s preferred stock is currently selling for $67. The company pays $8 annual dividends on this preferred stock. Which rate of return does the investor expect to receive on this stock if the stock is purchased today?
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