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1 pts Preferred stock for WSB Inc. is trading for $39.24 a share in the secondary market and your next best use of funds is

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1 pts Preferred stock for WSB Inc. is trading for $39.24 a share in the secondary market and your next best use of funds is paying 16% APR with quarterly compounding. In order to cover your opportunity cost, what quarterly dividends would WSB have to pay? Round your answer to the penny. For example, $1,234.5678 is 1234.57 Question 24 1 pts WSB Inc. just paid a dividend of $0.89. They have been increasing their dividends by 1.7% per year and are expected to continue doing so. How much can they expect to receive for each new share of stock offered if investors require a return of 12% annually? Round your answer to the penny. For example, $1,234.5678 is 1234.57

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