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1. Flare Stock will pay the dividend of $2.4 this year. Its dividend yield is 10%. At what price is the stock selling? 2. An
1. Flare Stock will pay the dividend of $2.4 this year. Its dividend yield is 10%. At what price is the stock selling?
2. An oil company has issued preferred stock with $10 annual dividend that will be paid in perpetuity. A) If the discount rate is 14%. What price must the stock sale?
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