Big T Burgers and Fries Corp Pays an annual dividend rate of 11.00% on its preferred stock that currently returns 14.74% and has a par value of $100. What is the value of big t burgers and fries corps stock? A)111.94 B)100 C)89.56 D)74.63 Suppose there is high unemployment which causes interest rates to fall, which in turn pulls the preferred stocks yield to 8.84%. The value of the preferred stock will A) Increase B)Decrease