The current market price of a preferred stock is $45. It pays 3% per share in dividends. The par value is $200. What are the dollar dividends per share 3 years from now? Note: The dividend rate for the preferred stock is expressed as percentage of par value. A. $18 B. $12 C.$3 0.59 E 56 QUESTION 17 You own ABC Inc. bond with term-to-maturity of 30 years. It pays 8% interest annually. The par value of the bond is $1,000. The current market price of the bond is $800. You require a rate of return of 9%. Find the YTM of ABC Inc. bond. A 8.78% B.9.96% C. 10.15% D. 11.89% E None of the above