BONUS Question 1) A preferred stock pays an annual dividend of $3.50 (this is a Perpetuity, dividends occur each year forever). What is one share of this stock worth today if the rate of return is 12 percent compounded annually? (+3 points) (NOTE: show results and show calculations used in financial calculator- which formula and the inputs into TVM Solve/Grid below) In Finance calculator- TVM Solver-show your inputs and then output Values Entered END PMT: END or BGN PV PMT FV Solve for -output 1 field