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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

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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. 11.0% O b. 8.0% O c.9.0% O d. 7.0% O e, 10.0%

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