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Every time I attempt to complete this answer I end up getting it wrong. Preferred Products has issued preferred stock with an annual dividend of

Every time I attempt to complete this answer I end up getting it wrong.

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Preferred Products has issued preferred stock with an annual dividend of $7.32 that will be paid in perpetuity. a. If the discount rate is 12%, at what price should the preferred sell? (Round your answer to 2 decimal places.) 1.16 points _ Current price I I Skipped eBook b. At what price should the stock sell 1 year from now? (Round your answer to 2 decimal places.) Hint Future price I I Print c. What are the (i) the dividend yield; (ii) the capital gains yield; (iii) the expected rate of return of the stock? (Enter your answers as a whole percent.) (i) Dividend yield (ii) Capital gains yield (iii) Expected rate of return

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