#1 A firm issues preferred stock with a dividend of $4.38. If the appropriate discount rate is 6.03% what is the value of the preferred stock? unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #2 The market price of a share of preferred stock is $23.31 and the dividend is $2.48. What discount rate did the market use to value the stock? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) #3 The market price of a share of preferred stock is $40.89. The market uses a discount rate of 9.50%. What is the dividend? unanswered not_submitted Attempts Remaining: Infinity Submit Answer format: Currency: Round to: 2 decimal places