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Posted: **Wed Jul 06, 2022 6:41 pm**

: Please Use The Following Information For The Next Two Questions Wang Inc Has Perpetual Preferred Stock Outstanding Wit 1 (16.72 KiB) Viewed 22 times

: Please Use The Following Information For The Next Two Questions Wang Inc Has Perpetual Preferred Stock Outstanding Wit 2 (34.67 KiB) Viewed 22 times

: Please Use The Following Information For The Next Two Questions Wang Inc Has Perpetual Preferred Stock Outstanding Wit 3 (36.21 KiB) Viewed 22 times

: Please Use The Following Information For The Next Two Questions Wang Inc Has Perpetual Preferred Stock Outstanding Wit 4 (31.42 KiB) Viewed 22 times

: Please Use The Following Information For The Next Two Questions Wang Inc Has Perpetual Preferred Stock Outstanding Wit 5 (48.24 KiB) Viewed 22 times

Please use the following information for the next two questions. Wang Inc. has perpetual preferred stock outstanding with a par value of $50. The stock pays a quarterly dividend of $2,8 per quarter, and it sells for $75 per share.

What is the nominal annual rate of return? 14.93% O 13.24% O 11.20% 22.40%

14.93% 13.24% O 11.20% 22.40% 16.67%

What is its effective annual rate of return? 17.74% 13.91% O 11.68% 15.79%

17.74% 13.91% 11.68% 15.79% 24.35%