B A firm issues preferred stock with a dividend of $3.03. If the appropriate discount rate is 6.86% what is the value of the preferred stock? Subed Answer format: Currency: Round to: 2 decimal places. The market price of a share of preferred stock is $21.92 and the dividend is $2.26. What discount rate did the market use to value the stock? Subm Answar format: Fercentage Round to: 2 decimal places (Example: 9.24%, % sign required. Wil accept decimal format rounded to 4 decimal places (ex: 0.0024) The market price of a share of preferred stock is $49.87. The market uses a discount rate of 6.89%. What is the dividend? Submil Answer format: Currency: Round to: 2 decimal places. unaward not submitted not submitted unamwered not submitted Caspian Sea is considering raising $46.00 million by issuing preferred stock. They believe the market will use a discount rate of 8.67% to value the preferred stock which will pay a dividend of $2.08. How many shares will they need to issue? Submil Answer format: Currency: Round to: O decimal places not submitted A firm will pay a dividend of $1.75 next year. The dividend is expected to grow at a constant rate of 4.35% forever and the required rate of return is 14.96%. What is the value of the stock? Submil Answer format: Currency: Round to: 2 decimal places. unawared not submitted Derek plans to retire on his 65th birthday. However, he plans to work part-time until he tums 71.00. During these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. Exactly one year after the day he turns 71.0 when he fully retires, he will wants to have $2,777,995.00 in his retirement account. He he will make contributions to his retirement account from his 26th birthday to his 65th birthday. To reach his goal, what must the contributions be? Assume a 5.00% interest rate Submi Answer format: Currency: Round to: 2 decimal places. und not submitted A bank offers 4.00% on savings accounts. What is the effective annual rate if interest is compounded semi-annually? Submi Answer format: Fercentage Round to: 4 decimal places (Example: 9.2434%, 96 sign required. Will accept decimal format rounded to decimal places (ex: 0.092434)) unawared not submitted