Stion 26 Which of the following statements concerning preferred stock is most correct? yet wered ked out of Select one: O a. Preferred stock is valued the same as zero coupon bonds because the cash flow patterns are similar Flag question b. Preferred stock dividends are typically the same each year, allowing a preferred stock to be valued as a perpetuity. c. Preferred stock dividends are calculated as a percentage of common stock dividends, although the preferred stock dividends must be paid first. NO d. if a corporation issues 4% preferred stock with a par value of $100, the dividend will increase by 4% per year. 25 A bond issued by Cornwallis, Inc. 15 years ago has a coupon rate of 7% and a face value of $1,000. The bond will mature in 10 years. What is the value (to the nearest dollar) to an investor with a required return of 10%? ut of question Select one: O a. $816 b. $886 c. $772 O d. $728