Caspian Sea is considering raising $23.00 million by issuing preferred stock. They believe the market will use a discount rate of 8.53% to value the preferred stock which will pay a dividend of $4.63. How many shares will they need to issue? Attempts Remaining: Infinity Answer format: Currency: Round to: 0 decimal places. A firm will pay a dividend of $2.19 next year. The dividend is expected to grow at a constant rate of 2.37% forever and the required rate of return is 10.08%. What is the value of the stock? Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. A firm just paid a dividend of $4.97. The dividend is expected to grow at a constant rate of 2.66% forever and the required rate of return is 14.83%. What is the value of the stock? Attempts Remaining