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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 7% 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 7% of par, and current market price of (a) 552. (b) $80, and (d) $1427 Round your answers to two decimal places d What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 7% of par, and current market price of (a) 552. (b) $80, and (d) $1427 Round your answers to two decimal places d

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