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  3. #18 o a firm issues preferred stock with a dividen

#18 O A firm issues preferred stock with a dividend of $3.23. If the appropriate...

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#18 O A firm issues preferred stock with a dividend of $3.23. If the appropriate discount rate is 8.45% what is the value of the preferred stock? Submit Answer format: Currency: Round to: 2 decimal places. #25 The market price of a stock is $42.32 and it just paid $4.85 dividend. The dividend is expected to grow at 4.26% forever What is the required rate of return for the stock? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Ww accept decimal format rounded to 4 decimal places (ex: 0.0924))

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