A firm issues preferred stock with a dividend of $4.17. If the appropriate discount rate is 7.22% what is the value of the preferred stock? Answer format: Currency: Round to: 2 decimal places. The market price of a share of preferred stock is $21.33 and the dividend is $2.32. What discount rate did the market use to value the stock? 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)) The market price of a share of preferred stock is $37.86. The market uses a discount rate of 4.38%. What is the dividend? Answer format: Cumency: Round to: 2 decimal places