Omega Corp. plans to invest in the preferred stock of ABC Inc., which has a par value of $90 per share and an annual dividend rate of 14%, dividends being payable quarterly. Currently ABC's preferred stock is selling for $100 per share. Assume that Omega's dividend income is 70% tax-exempt and that it pays taxes quarterly. Omega's marginal tax rate is 34% and it does not intend to sell the stock in the foreseeable future. a.What is Omegas expected quarterly, after-tax yield from this preferred stock investment? b. What is Omegas expected annual, nominal, after- tax yield from this preferred stock investment? c. What is Omegas expected annual, effective, after- tax yield from this preferred stock investment?