Please provide answers to both questions:

1 Corporation A is issuing preferred stock yielding 9%, and Corporation B is considering buying the stock. Corp A's tax rate is 23% and Corp B's tax rate is 39%. What is the after-tax preferred yield for Corp A?

Multiple Choice

9%

6.9%

5.5%

8.9%

2. SED Corporation's shares are currently trading at $52.50. Shareholders have the right to buy 1 share of SED for every 5 rights they own at a price of $48.00. SED's rights trade at $_________? Multiple Choice

$0.75

$1.75

$3.75

$4.50