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1. If a preferred stock pays a $1.50 in dividend each year, what is the value of this stock assuming a required rate of 8%?

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1. If a preferred stock pays a $1.50 in dividend each year, what is the value of this stock assuming a required rate of 8%? 2. Energy Inc. is expected to pay a dividend of $3.20 per share next year and the dividend growth rate is expected to be 3%. How much is one Energy stock worth if the required rate is 11%

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