Question: Based on the following information concerning Ford preferred stock, Preferred dividend per share: $ 8 Beta: 1 . 2 Risk free rate: 5 % Market

Based on the following information concerning Ford preferred stock, Preferred dividend per share: $8 Beta: 1.2 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.49.09 b.47.45 C.53.33 d.51.21

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