3) EZy Inc. preferred stock pays a \$1 annual dividend. What is the value of the stock if your required rate of return is 8% ? 4) Peterson Dune Company paid a $2 dividend per share last month. The cost of capital is 8% and the company is expected to grow at 6% per year forever. How much should be the value of the stock? If the shares are selling for $10 in the market, is it over-valued or under-valued? Should you buy it