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20-05-2023
Business

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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 12% of par, and a current market price of (a) $63, (b) $79, (c) $99, and (d) $149? round your answers to two decimal places.

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PLEASE HELP!!! WILL MARK BRAINLIEST