What is the rate of return on this security

Reference no: EM13139450

The preferred stock of Erie Railroad Ties pays an annual dividend of $8.20 and sells for $61.70 a share. What is the rate of return on this security?

Reference no: EM13139450

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What is the rate of return on this security : The preferred stock of Erie Railroad Ties pays an annual dividend of $8.20 and sells for $61.70 a share. What is the rate of return on this security?

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