Back to Assignment Attempts: 5. Problem 9.07 Keep the Highest: /4 Click here to read the eBook: Preferred Stock PREFERRED STOCK RATE OF RETURN 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) $69.00, (b) $86.00, (c) $96.00, and (d) $139.00? Round your answers to two decimal places. a. % b. % c. d. Grade it Now Save & Continue Continue without saving