This a multi-part question it follows cheggs rules

A firm issues preferred stock with a dividend of $3.67. If the appropriate discount rate is 10.83% what is the value of the preferred stock?

The market price of a share of preferred stock is $21.97 and the dividend is $2.02. What discount rate did the market use to value the stock?

The market price of a share of preferred stock is $32.20. The market uses a discount rate of 6.45%. What is the dividend?

Caspian Sea is considering raising $31.00 million by issuing preferred stock. They believe the market will use a discount rate of 8.76% to value the preferred stock which will pay a dividend of $4.85. How many shares will they need to issue?

Submit only ONE QUESTION per post GET NOTIFIED when you Multi-part questions are Use answers to LEARN ar fine. Multiple questions in one post will be closed by our experts. 1. What is your ques