Please see attached questions and answer them, thank you so much.

Problem 9.15 The First Bank of Flagstaff has Issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.65 on the stock. What is the current price of the preferred stock given a required rate of return of 15.50 percent? (Round answer to 2 decimal places, 2.9. 15.25.) curmntrm s: Problem 9.1? Each quarter, Sirl-cnta, Inc.r pays a dlvidend on its perpetual preferred stock. Today the stock is selling at $63.21. If the required rate of return for such stocks I5 20.0 percent, what Is the quarterly dlvidend paid by this Slrkuta? (Round answer to 2 decimal places, 15.9. 15.25.} quammwendw sl:l Problem 9.1! Kay Williams is interested in purchasing the common stock of Reckers, Inc., which is currently priced at $41.35. The company is expected to pay a dividend of $2.53 next year and to increase its dividend at a constant mte of in) percent. What should the market value of the stock be if lhe required rate of return is 14 percent? (Round answer In 2 decimal places, e.g. 15.20.) Market value of shock i Is this a good buy? IJ Problem 9.21 You own shares of Old World DVD Company and are interated in selling them. lWith so many people downloading music these days, seles, prots, and divldends at Old World have been declining 6 percent per year. The rm just paid a dividend of $1.30 per share. The required Rate of return For a stool: this risky is 14- percent. If divldends are expected to decline at 6 percent per year, what Is a share of the stock worth today? {Do not mend Intermediate calculations. Round answer to 2 decimal places, e.g. 1.5.20.) Marshmrm s|:| Problem 9.14- XCentric Energy Company has Issued perpetual preferred stock with a stated (par) value of $100 and a dividend of 3.0 percent. If the required rate of return is 3.25 percent, what is the stock's current market price? (Round answer to 2 decimal places, my. 15.25.) Current market price * Problem 9.2? Steggert Corp. wlll pay divldends of $5.00, $6.25, $4.?5, and $3.00 In the next four years. Thereaner, management expects the dividend growth rate to be constant at 5.00 percent. If the requlred late of return is 15.5 percent, what is the current value of the stack? (Round Intemredlate calculations and nal answer to 2 decimal places, my. 15.20.) 0...\"... s