(Answered) Bruner aeronautics has perpetual preferred stock

Academics

Preferred Stock Returns

Bruner Aeronautics has perpetual preferred stock outstanding with a par value of $100. The stock pay a quarterly dividend of $2, and its current price is $80.

a.) What is its nominal annual rate of return?

b.) What is its effective annual rate of return?

What is incorrect with these sentences. Including grammar and punctuation.

>A series of tests were completed only yesterday.

>There should be no misunderstanding between you and I.

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