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Preferred Products has issued preferred stock with an annual dividend of $7.00 that will be paid in perpetuity. a. If the discount rate is 10%,

Preferred Products has issued preferred stock with an annual dividend of $7.00 that will be paid in perpetuity. a. If the discount rate is 10%, at what price should the preferred sell? Current Price? b. At what price should the stock sell 1 year from now? Future Price? c. What is the dividend yield, the capital gains yield, and the expected rate of return of the stock? (Leave no cells blank - be certain to enter "0" wherever required. Enter your answers as a whole percent.) Dividend yield %? Capital gains yield%? Expected Rate %

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