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Preferred Products has issued preferred stock with an annual dividend of $ 6 . 2 7 that will be paid in perpetuity. a . If
Preferred Products has issued preferred stock with an annual dividend of $ that will be paid in perpetuity.
a If the discount rate is at what price should the preferred sell?
Note: Round your answer to decimal places.
Current price
b At what price should the stock sell year from now?
Note: Round your answer to decimal places.
Future price
c What are i the dividend yield; ii the capital gains yield; iii the expected rate of return of the stock?
Note: Enter your answers as a whole percent.
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