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Afterpay Ltd (ASX symbol, APT) pays a dividend on its preferred equity of $0

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Afterpay Ltd (ASX symbol, APT) pays a dividend on its preferred equity of $0.4 semi-annually (twice every year). If the price of the preferred equity is $8 per share, what is the effective annual required return?

Select one:

a) 10.25%

b) 10.00%

c) 21.55%

d) 5.00%

You purchase 1,000 shares of Blackmores Ltd stock for $40 per share. A year later, the shares pay a dividend of $1.20 per share and sell for $50. What is your total percentage return?

Select one:

a) 3.0%

b) 25.0%

c) 28.0%

d) 50.0%