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A preferred stock from Hecla Mining Co. (HLPRB) pays $2.50 in annual dividends. If the required rate of return on the preferred stock is 6.2
A preferred stock from Hecla Mining Co. (HLPRB) pays $2.50 in annual dividends. If the required rate of return on the preferred stock is 6.2 percent, what is the fair present value of the stock? (Round your answer to 2 decimal places. (e.9., 32.16)) Fair present value Financial analysts forecast L Brands (LB) growth for the future to be 12.6 percent. LB's most recent dividend was $180. What is the fair present value of L Brands's stock if the required rate of return is 15.9 percent? (Do not round intermediate calculations. Round your answer to 2 decimal places. (0.9. 32.16)) Fair present value
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