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6. You own 230 shares of Candy Land stock preferred stock which currently sells for $39.75 per share and pays annual dividends of $3.35. A)

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6. You own 230 shares of Candy Land stock preferred stock which currently sells for $39.75 per share and pays annual dividends of $3.35. A) What is your expected return? B) If you require 8 percent return, given the current price, should you buy more stock? 7. The common stock for Cardi Inc. is selling for $35.78 per share. The stock recently paid dividends of $2.79 per share and has a projected constant growth rate of 7 percent. If you purchase the stock at market price, what is your expected rate of return

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