Question: Question 5 (1 point) What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend
Question 5 (1 point) What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 1.50% of par, and a current market price of $21? 6.14% 14.00% 07.14% 8.14% 1.50% 21.00% Dage 5 of 7
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