3 points 1. LSP Co. has an issue of preferred stock outstanding that pays a $5.50 dividend every year in perpetuity. If the required return of this stock is 5%, what is the selling price per * share? a) $110 b) $112 O c) $113 d) $114 e) None of the above 2. Saman Motors is expected to grow 5 points at a constant rate of 6% a year into the indefinite future. Its next dividend is expected to be $2.25 a share. The rate of return on stocks similar to Saman is about 11%. What should a share of Saman Motors sell for today? * a) $43 b) $45 O c) $46 d) $50 e) None of the above 3. Torku Inc.'s stock has a required 5 points rate of return of 11.50%, and it sells for $30.00 per share. Torku's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, DO? * O a) $0.95 b) $1.05 O c) $1.16 O d) $1.26 O e) None of the above