16. An Allied Northern preferred stock has a price of $28.55. If the annual dividend is $4, what would be your expected return? 17. You are considering investing in ABC, Inc.'s stock which is selling at $49.95. Similar stocks return 14%. ABC's future dividend ABC will be $2.50 and a 8% constant growth rate is anticipated. Should you purchase ABC, Inc.? (Calculate either intrinsic value or expected return to justify your answer.) 18. A stock just paid a $3.00 dividend that is anticipated to grow at 7% indefinitely. Similar stocks are returning about 16%. The estimated selling price of this stock is: 19. The dividend paid by Abbot Labs was $5.00. Investors require a return of 6% on stocks like Abbot, What should the price of Abbot's stock be? I 20. The current price of Zebat is $55.00 and its next dividend will be $2.90. What is its return if dividends are expected to grow indefinitely at 9 percent