What will be the nominal rate of return on a perpetual

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What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 10% of par, and a current market price of (a) $56.00, (b) $89.00, (c) $107.00, and (d) $131.00? Round answers to the nearest hundredth.

a._____ ?%

b. ______ ?%

c. _______?%

d. ______?%

 

Reference no: EM13302834

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