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# The 8 percent preferred stock fo juno, inc. is currently selling for \$62 a share. What is the nominal rate of return on this stock if the par value

The 8 percent preferred stock fo juno, inc. is currently selling for \$62 a share. What is the nominal rate of return on this stock if the par value is \$100 per share?

A 4.96 percent
b9.92 percent
c 11.03 percent
d 12.90 percent

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Question:The 8 percent preferred stock fo juno, inc. is currently selling for \$62 a share. What is the
nominal rate of return on this stock if the par value is \$100 per share?
A 4.96 percent
B9.92...

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