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8. Problem 9.08 (Preferred Stock Valuation) Tips 5 Tips ebook Tarley Corporation issued perpetual preferred stock with 12% annual dividend. The stock currently vields, and

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8. Problem 9.08 (Preferred Stock Valuation) Tips 5 Tips ebook Tarley Corporation issued perpetual preferred stock with 12% annual dividend. The stock currently vields, and its par value is $100. Round your answers to the nearest cant What is the stock's valut You ools b. suppose interest rates rise and pull the preferred stock's yield up to 13. What is its new market value

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