Business, 12.06.2021 21:00 ozieera

What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 12% of par, and a current market price of (a) $56.00, (b) $76.00, (c) $116.00, and (d) $133.00? Round your answers to two decimal places. %

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What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stat...

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