Preferred Products has issued preferred stock with an $8 annual dividend that will be paid in perpetuity.

a. If the discount rate is 12%, at what price should the preferred sell? (Round your answer to the nearest cent.) Price $

b. At what price should the stock sell one year from now? (Round your answer to the nearest cent.) Price $

c. What is the dividend yield, the capital gains yield, and the expected rate of return of the stock? (Round your answer to the nearest whole number. If no entry is required, please, enter zero ("0").) The dividend yield is %

The capital gains yield is

The expected rate of return of the stock is %