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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,
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) $63, (b) $83, (c) \$111, and (d) \$142? Round your answers to two decimal places. a. % b. % C. % d. % Avondale Aeronautics has perpetual preferred stock outstanding with a par value of $100. The stock pays a quarterly dividend of $1.00 and its current price is $79. a. What is its nominal annual rate of return? Do not round intermediate calculations. Round your answer to two decimal places. % b. What is its effective annual rate of return? Do not round intermediate calculations. Round your answer to two decimal places. % A stock is expected to pay a dividend of $0.50 at the end of the year (i.e., D1=$0.50 ), and it should continue to grow at a constant rate of 7% a year. If its required return s 14%, what is the stock's expected price 3 years from today? Do not round intermediate calculations. Round your answer to the nearest cent
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