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Preferred Products has issued preferred stock with an annual dividend of $7.30 that will be paid in perpetuity. a. If the discount rate is 10%,

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Preferred Products has issued preferred stock with an annual dividend of $7.30 that will be paid in perpetuity. a. If the discount rate is 10%, at what price should the preferred sell? (Round your answer to 2 decimal places.) Current price $ 73.00 b. At what price should the stock sell 1 year from now? (Round your answer to 2 decimal places.) Future price 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) (ii) (iii) Dividend yield Capital gains yield Expected rate of return

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