Five Years Ago You Bought A Eep Preferred Stock At 20 You Have Received A Divide

Five years ago, you bought a EEP preferred stock at $20. You have received a dividend of $4 per year. The current price of the preferred stock is $25. If you sell the stock now, what is your realized rate of return?

Select one:

a. 17.66%

b. 24.2%

c. 23.16%

d. 22.27%

e. 21.08%


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