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12-15 please! 12. The KK Company stock recently paid a $.46 per share dividend. If the expected growth rate for KK is 8% indefinitely, How
12-15 please! 12. The KK Company stock recently paid a $.46 per share dividend. If the expected growth rate for KK is 8% indefinitely, How much should you pay for this stock if you need 10% return on your money? 13. ABC's last dividend was $1.75 and you expect a growth rate of 6% with a required rate of return of 9% for this company. How much would you be willing to pay for this stock? If a share of preferred stock pays a dividend of $2 and your required rate of return is 10%, what is the stock worth? 14. 15. You have an opportunity to purchase an infinite flow of payments of $100 per year and your required rate of return is 12%. How much would you pay for this investment
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