Brandon Corp, prefierred stock is selling for 390 per share it the market. Thes pocfermed stock bas a par value of $80 and a dividend rate of 10 percent. Renuited: a) What is the current yirld on the swok? b) If an inveiter has a required tele of teturn of 6 pervent, whet is the valae ef the stock for that itmestor? c) Should the inverter acyoite the stock? Explain. d) Eypiala why preficrod dock is referred to an a byteid security. Brandon Corp, prefierred stock is selling for 390 per share it the market. Thes pocfermed stock bas a par value of $80 and a dividend rate of 10 percent. Renuited: a) What is the current yirld on the swok? b) If an inveiter has a required tele of teturn of 6 pervent, whet is the valae ef the stock for that itmestor? c) Should the inverter acyoite the stock? Explain. d) Eypiala why preficrod dock is referred to an a byteid security