Regarding answer format: i. Be sure you are using 4 decimals of precision in your calculator display; now it matters. ii. If the question is asking for a dollar amount, answer to two decimals (i.e.$x,xxx.xx) iii. In no case do you need to answer a question with a negative number, just input answers as normal (+) numbers. iv. If the question is asking for a %, answer to three decimals (i.e. xx.xxx%). You are considering buying a preferred stock that pays a $10 annual dividend. If you use a discount rate of 12%, what is the value of this preferred stock (i.e. what is the PV of the perpetuity)? You are considering buying a preferred stock that pays a $10 annual dividend. If you use a discount rate of 6%, what is the value of this preferred stock (i.e. what is the PV of the perpetuity)? Expert You deposited $10,000 into a savings account earning 6.000% and you let it sit for 10 years. How much did you earn in simple interest? You deposited $10,000 into a savings account earning 6.000% and you let it sit for 10 years. Today the account is worth $17,908.48. How much did you earn due to compounding (i.e. what did you earn above and beyond simple interest; what was the difference)? You deposit $25,000 into a savings account that earns 6.000% for one year. At the end of year one, rates have changed