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ABC., has an issue of preferred stock outstanding that pays a $5.37 dividend every year inperpetuity. If this issue currently sells for $90.11 per share,
ABC., has an issue of preferred stock outstanding that pays a $5.37 dividend every year inperpetuity. If this issue currently sells for $90.11 per share, what is the required return? (Do NOT include the \% sign. Enter your answer as a percent rounded to 2 decimal places, e.g. 12.13) QUESTION 32 Suppose a preferred stock was just issued. It is expected to pay $0.68 dividend per share every year and the required return is 10.01 percent. What is the price of this stock? (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10) QUESTION 33 A share of ABC is expected to pay $2.07 of dividends in 1-year from now, $1.99 2-years from now and $1.953-years from now. Further, after the expected dividends are paid out 3-years from now, you expect a share of ABC to fetch $15.02. If the appropriate discount rate given the riskiness of investment is 21.8 percent, what is the maximum you would be willing to pay for a share of ABC ? (Do NOT include the \$ sign. Round your final answer to 2 decimal places, e.g. 110.10)
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