1.) Calculate the value of a preferred stock that pays a dividend of $8.00 per share when the market's required yield on similar shares is 11%.

2.) Pioneer's preferred stock is selling for $62 in the market and pays a $3.10 annual dividend.

a.If the market's required yield is 6%, what is the value of the stock for that investor?

b.Should the investor acquire the stock?

3.) What is the value of a preferred stock where the dividend rate is 16% on a $100 par value, and the market's required yield on similar shares is 12%?

4.) Calculate the value of a bond that matures in 11 years and has a $1,000 par value. The annual coupon interest rate is 11% and the market's required yield to maturity on a comparable-risk bond is 9%.