13 Afirm issues preferred stock with a dividend of S2. 19. If the appropriate discount rate is 9.05% what is the value of the preferred stock? Submit All Answer format: Currency Round to 2 decimal places The risk-free rate is 2 91% and the market risk premium is 5.49% A stock with a b of 178 just paid a dividend of 52 24 The dividend is expected to grow at 24.03% for three years and then grow at 4, 1096 forever. What is the value of the stock? Submit Att Answer format: Currency: Round to: 2 decimal places