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yorks outstanding stock consists of 80000 shares of noncumulative 75 preferred stock with a 5 par value and also 200000 shares of common stock with a 1 par value during its first four years 04996
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Bruner Aeronautics has perpetual preferred stock outstanding with a par value of 100 . The stock pays 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? | Numerade
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