5: Preferred Stock (25 points) Answer the following Preferred Stock questions in Excel and submit into Canvas. Extra Special Corporation issued preferred stock in 2014 that had a par value of $75. The stock pays a dividend of 4.2%. Assume that the markets required yield (required rate of return) is 6.5%, and the current price of the preferred stock is $44.75. i. What is the value of the preferred stock? ii. What is the expected rate of return of the preferred stock? iii. Would you purchase the preferred stock for $44.75 if your required rate of return was 6.5%? Explain. Complete in Excel and upload at the end of the exam.

You loan your friend $1,500, and ask them to pay you back at 5% simple interest after 1.5 years.  How much interest will they owe?

A shell is fired from an observation tower.  Its height in feet after t seconds can be found using the formula h(t)=-16t2+40t+96. After how many seconds will the shell reach its maximum height?

You earn $84,000, and your spouse earns $73,000.  If you file taxes together using the standard deduction, how much will be your total tax liability?

Disease X involves non-functioning Schwann cells. Which of the following will occur in patients who have disease X?

Which of the following is/are TRUE regarding neurotransmitter release?  

14. The reserve requirements and discount rates affect M2 but do not have much impact on M1.

A shell is fired from an observation tower.  Its height in feet after t seconds can be found using the formula h(t)=-16t2+40t+96. What will be the maximum height the shell reaches, in feet?

In an action potential, the axon is repolarized due to the opening of what channels?  

Which of the following is/are true regarding transmembrane potential?