Question: Question one - Problem solving (60 points) 1. What is the nominal rate of return on a preferred stock with a $100 par value, a

 Question one - Problem solving (60 points) 1. What is the

Question one - Problem solving (60 points) 1. What is the nominal rate of return on a preferred stock with a $100 par value, a stated dividend of 15% of par, and a current market price of $180 (20 points)

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