A firm issues preferred stock with a dividend of $4.66. If the appropriate discount rate is 10.71% what is the value of the preferred stock?

The market price of a share of preferred stock is $23.37 and the dividend is $2.50. What discount rate did the market use to value the stock?

The market price of a share of preferred stock is $44.92. The market uses a discount rate of 6.38%. What is the dividend?

Caspian Sea is considering raising $39.00 million by issuing preferred stock. They believe the market will use a discount rate of 12.06% to value the preferred stock which will pay a dividend of $2.84. How many shares will they need to issue?

A bank offers 10.00% on savings accounts. What is the effective annual rate if interest is compounded continuously?