You need to learn how to incorporate the capital loss into your valuation, and how to 'think' like the corporation in anticipation of their actions (learn about pref shares).
Yes, the pricing on perpetuals will act the same way bonds do if rates increase. They will swing more widely because they have a longer "duration" (look that up on Wiki).
Yes, the pricing on perpetuals will act the same way bonds do if rates increase. They will swing more widely because they have a longer "duration" (look that up on Wiki).