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4. What will be the nominal rate of return on perpetual preferred stock with a $150 par value, a stated dividend of 10% of par,
4. What will be the nominal rate of return on perpetual preferred stock with a $150 par value, a stated dividend of 10% of par, and a current market price of (a) $ 130, (b) $140, (C) $150, and (d) $170
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