A share of preferred stock is paying an annual dividend of $5. The growth rate for the firm's common stock is 14%. What is the preferred stock price if the required rate of return is 12%? f1 Select one: A. $45.45 O B. $41.67 OC. $35.71 D. None of these answers are correct 2 If the inflation premium for a bond increases, the price of the bond: of 1 Select one: A. Is unaffected B. Decreases C. Increases D. Cannot be determined from the information provided 23 You own a $1,000 par value bond with 20 years to maturity that is paying an annual coupon rate of interest of 11%. If the current yield to maturity on this bond is 12%, what is the value of the bond? The bond makes semi-annual interest payments. of 1 Select one: A. $925.31 e B. $892.58 O C. $924.77 D. $980.15 4 The dividends on preferred stock are most similar to: Select one: O A. Common stock with no growth in dividends O B. Common stock with constant growth in dividends C. Common stock with variable growth in dividends D. Common stock without dividends At the end of the coming year, State Street Corporation will pay a dividend of $4.75 per share on its common stock. The required rate of return is 11%. The firm expects dividends to grow at a constant rate of 6%. What is the value of a share of State Street's stock? Select one: O A. $36 B. $67 C. $80 D. $95