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3. (1pt) Bringling Enterprises pays a constant dividend of $2.50 annually on its preferred stock. What is the expected price of that stock if the

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3. (1pt) Bringling Enterprises pays a constant dividend of $2.50 annually on its preferred stock. What is the expected price of that stock if the required return is 8.2% ? 4. (1pt) Stoneheart Group is expected to pay a dividend of \$3.25 next year and has a dividend growth rate of 3.5% expected indefinitely. Investors required return is 12.1%. What is the stock price

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