PREFERRED STOCK RATE OF RETURN What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 10% of par, and a current market price of (a) $60.00, (b) $77.00, (c) $106.00, and (d) $133.00? Round your answers to two decimal places. a. % b. % C. % d. %