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A high tech company - Integrated Corporation has 1 million outstanding preferred stocks and 10 million common stocks. Its preferred stock pays an anmual dividend
A high tech company - Integrated Corporation has 1 million outstanding preferred stocks and 10 million common stocks. Its preferred stock pays an anmual dividend of $1.50 and its required rate of return is 10%. The common stock just paid a SI dividend, which is expected to grow at 8% forever. The required rate of return on common stock is 12% Answer Q6-Q9. 6. What is the intrinsic value of the preferred stock? 7. What is the intrinsic value of the common stock? 8. What is the dividend yield of the common stock? 9. What is the capital gains yield of the common stock
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