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a share of preferred stock pays a quarterly dividend of $1.4. if the price of this preferred stock is currently $94, what is the nominal annual rate of return? group of answer choices 5.96% 6.46% 6.96%
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a share of preferred stock pays a quarterly dividend of $1.4. if the price of this preferred stock is currently $94, what is the nominal annual rate of return? group of answer choices 5.96% 6.46% 6.96% 7.46% 7.96%

User Abdelrhman Talat
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1 Answer

4 votes

Answer:

6.46%

Step-by-step explanation:

User JackW
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