Question: pls answer both question will give a thumbs up Casplan Sea is considering raising $37.00 milion by istuing preferred stock. They believe the market will

pls answer both question will give a thumbs up

Casplan Sea is considering raising $37.00 milion by istuing preferred stock. They believe the market will use a discount rate of 10.21% to value the preferred stock which will pay a dividend of $2.69. How many shares will they reed to issties? Answer format: Currency: Round to: 0 decimal places. A bank offers 7.00% on savings accountt. What is the effective annual rate if interest is compounded continuoush? Answer format: Percentage Round to: 4 decimal places (Example: 9.2494\%, \% sign required. Wall accept decimal format rounded to 6 decimal places (ox: 0.092434))

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