Question: ive gotten the wrong answer before, can somone help and show way please? a)If a share of 8% preferred stock with par value of $100

ive gotten the wrong answer before, can somone help and show way please?

a)If a share of 8% preferred stock with par value of $100 is selling for $75, what is the market interest rate? b)If a share of 8% preferred stock with par value of $100 isselling for $85, what is the market interest rate? c)If a share of 8% preferred stock with par value of $100 is selling for $65, what is the market interest rate?

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