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 12% of par, and a current market price of (a) $66.00, (b) $88.00, (c) $107.00, and (d) $134.00? Round your answers to two decimal places. a. % b. % c. % d. % Grade it Now Save & Continue Continue without saving