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The preferred stock of Placer Corp. currently sells for OMR44.44 per share. The annual dividend of OMR4 is fixed. Assuming a constant dividend forever, what

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The preferred stock of Placer Corp. currently sells for OMR44.44 per share. The annual dividend of OMR4 is fixed. Assuming a constant dividend forever, what is the rate of return on this stock? Select one: O a. 10.0% O b. 8.0% O c.7.0% O d. 11.0% e. 9.0%

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