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please help i will upvote Caspian Sea is considering raising $41.00 million by issuing preferred stock. They believe the market will use a discount rate
please help i will upvote
Caspian Sea is considering raising $41.00 million by issuing preferred stock. They believe the market will use a discount rate of 12.78% to value the preferred stock which will pay a dividend of $4.42. How many shares will they need to issue? Attempts Remaining: Infinity Answer format: Currency: Round to: 0 decimal places. A bank offers 10.00% on savings accounts. What is the effective annual rate if interest is compounded continuously? Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%,% sign required. Will accept decimal Attempts Remaining: Infinity format rounded to 6 decimal places (ex: 0.092434))Step by Step Solution
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