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decimal places. a. b. % % d What will be the nominal rate of return on a perpetual preferred stock with a $100 par value,
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 11% of par, and a current market price of (a) $54, (b) $77, (c) $120, and (d) $146? Round your answers to two decimal places. b. d.
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Fundamentals Of Corporate Finance
Authors: Richard A. Brealey, Marcus, Alan J, Myers, Stewart C.
2nd Edition
0070074860, 9780070074866
