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What will be the nominal rate of return on a perpetual preferred stock with a...

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Accounting

What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, A stated dividend of 12% of par and a current market price of (a) $64, (b) $83, (c) $101, (d) $144? round your answer is to decimal places
A. %
B. %
C. %
D. %

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