5 P&G issues preferred stock that pays an annual dividend of $2.75. If we use a required rate of return of 6.25%, value this preferred stock. a 66.00 b 44.00 C 22.00 d 11.00 6 The New York Stock Exchange a is built with a giant wall around it, that's why they call it Wall Street b has only 500 exchange members who own seats C is an electronic market like NASDAQ d is both an electronic market, and face-to-face market 7 A share of Sherwin Williams common stock has just paid an annual dividend of $4.52. If the expected long-run growth rate for this stock is 6 percent, the market rate for stocks is 10%, and the risk free rate is 1.5%. What is Sherwin William's stock price if it's beta is 1.25 and the historic dividend growth rate is 5% a. 21.36 b. 47.17 C. 54.25 d. 66.61