If short-term interest rates are below long-term interest rates, we say that the: interest rate market is behaving "unusually" interest rate market is "perturbed" yield curve is upward-sloping yield curve is downward-sloping interest rate market is baffled (or befuddled) 1. Moving to another question will save this response. Consider this formula (assume annual periods): P0=55(1.05)/(.12.05). This would be consistent with which of the following Preferred stock that pays a $5 annual dividend and has a required return of 12% Common stock that just paid a $5 dividend and has a growth rate 7% larger than its required rate of return Common stock that is expected to pay a 55 dividend next year and has a 12% growth rate Common stock that just paid a $5 dividend and has a 7% required rate of return Common stock that just paid a $5 dividend and has a required rate of return 7% larger than its growth rate A Moving to another question will save this response