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5 points QUESTION 9 A common stock just paid a $2.00 dividend that will grow at 5% for years 1 and 2. then at 3%
5 points QUESTION 9 A common stock just paid a $2.00 dividend that will grow at 5% for years 1 and 2. then at 3% for year 3, then at 2% thereafter. If you require a 9% return, what is the intrinsk value of the stock? $29.96 O $35.35 $26.51 O 131.09 O none of these QUESTION 18 SheetRockMining presents the following information: Price of common stock: $54.00 Price of preferred stock: $12.80 Last paid common dividend: $4.50 Last paid preferred dividend: $1.08 Flotation cost on all shares: $1.22 Expected growth rate: 4.3% Tax rate: 39% Determine the cost of retained earnings. O 12.99% O 7.09% 0 10.25% O 11.11% anone of the above QUESTION 19 annan har rendcolle for COC if that
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