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What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 8% of par,

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What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 8% of par, and a current market price of (a) $51.00, (b) $87.00,(c) $96.00, and (d) $134.007 Round your answers to two decimal places. % a b. % c. % d. Grade it Now Save & Continue Continue without saving

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