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What will be the nominal rate of return on a perpetual preferred stock with a $ 1 0 0 par value, a stated dividend of

What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 9% of par, and a
current market price of (a) $63,(b) $82,(c) $97, and (d) $131? Round your answers to two decimal places.
a.
%
b.
%
c.
%
d.
%
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