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Math
The preferred stock of Jay's Comics currently sells for Tk. 23.25 per share. The annual dividend of Tk. 1.50 is fixed. Assuming a constant dividend forever,what is the rate of return on this stock ?
A) 3.49 percent
B) 6.45 percent
সঠিক উত্তর
C) 8.06 percent
D) 8.50 percent