Preferred Products has issued preferred stock with an annual dividend of $$7\mathrm{.}32$ that will be paid in perpetuity.

a$.$ If the discount rate is $12\%,$ at what price should the preferred sell?

Note: Round your answer to $2$ decimal places.

b$.$ At what price should the stock sell $1$ year from now?

Note: Round your answer to $2$ 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.