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#19 O The market price of a share of preferred stock is $20 22 and the dividend is $2.45. What discount rate did the market

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#19 O The market price of a share of preferred stock is $20 22 and the dividend is $2.45. What discount rate did the market use to value the stock? Submit 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)) 220 The market price of a share of preferred stock is $27.59. The market uses a discount rate of 9.35% What is the dividend? Submit Answer format: Currency: Round to: 2 decimal places

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