please explain

what will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 9% of par, and a current market price of (a) $64.00, (b) $78.00, (c) $119.00, and (d) $149.00? Round your answers to two decimal places. a. 16.36 *% 11.11 )% C. 7.69 % d.6.57 Hide Feedback Partially Correct