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A firm issues preferred stock with a dividend of $3.26. If the appropriate discount rate is 9.80% what is the value of the preferred stock?

A firm issues preferred stock with a dividend of $3.26. If the appropriate discount rate is 9.80% what is the value of the preferred stock?

The market price of a share of preferred stock is $21.02 and the dividend is $2.35. What discount rate did the market use to value the stock?

The market price of a share of preferred stock is $26.08. The market uses a discount rate of 9.69%. What is the dividend?

Answer format: Currency: Round to: 2 decimal places.

i would really appreciate your help! :)

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