What will be the norminal rate of return 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 $60, b$80, c$100,d$140?
What will be the norminal rate of return 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 $60, b$80, c$100,d$140?
