Pls explain how to get answer without excel

0 / 1 point Question 1 ABC Inc has 1 million preferred shares outstanding. The price per share is $62.77. The company just paid a dividend on its preferred shares of $2.31 per share. Dividends will be paid quarterly. What is the effective annual rate of return on the company's preferred shares? Your answer should be shown as a percentage and it should be accurate to two decimal places. Answer: Question 2 0 / 1 point ABC Inc has 1 million preferred shares outstanding. The price per share is $64.38. The company just paid a dividend on its preferred shares of $6.97 per share. Dividends will be paid annually. What is the required rate of return on the company's preferred shares? Your answer should be shown as a percentage and it should be accurate to two decimal places. Answer: 0 / 1 point Question 3 ABC Inc. has 1,000,000 outstanding preferred shares. The preferred shares have a par value of $100. The preferred shares just paid a dividend of $4.55. Dividends are paid annually. The price of a preferred share is $90.50. What is the effective annual rate of return on the preferred shares? x 5.05% 5.01% x (15.55) x (10.83)