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What is most we should pay for a share of preferred stock that pays an annual dividend of $1.63 per share, if our required rate

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What is most we should pay for a share of preferred stock that pays an annual dividend of $1.63 per share, if our required rate of return is 4.93% per year. Recall that preferred stock is an example of a perpetuity. Round your answer to the nearest penny. a. 35.05 b. 36.70 c. 40.01 d. 38.35 e. 41.33 f. 33.06 What is thelyTM (yield to maturity) for a bond with a coupon rate of 4.60%, par value of $1000, 18 years to maturity, semi-annual coupon payments, and costs $459.02? Select one: 14.52% b. 10.80% C 12.00% d. 10.20% 0. 12.60% 15.12%

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