rouse publications inc pays an annual dividend rate of 10.8% on its preferred stock that currently return 14.47% and has a par value of $100. what is the value of the rouse publications stock? A. $89.57 B. $74.64 C.$111.96 D.$100

Suppose, due to high inflation, interest rates rise and pull the preferred stock's yield to 18.81%. The value of the preferred stock will A. increase or B. decrease