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Based on the following information concerning Ford preferred stock, Preferred dividend per share: $7 Beta: 0.80 Risk free rate: 5% Market risk premium: 6% What

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Based on the following information concerning Ford preferred stock, Preferred dividend per share: $7 Beta: 0.80 Risk free rate: 5% Market risk premium: 6% What is the expected price in 4 years? You expect the risk free rate to decrease to 3% and the market risk premium to increase to 10% in 4 years. Select one: a. $69.22 b. $67.09 C. $63.64 O d. $65.21

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