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Click here to read the eBook: Preferred Stock PREFERRED STOCK RATE OF RETURN What will be the nominal rate of return on a perpetual preferred

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Click here to read the eBook: Preferred Stock PREFERRED STOCK RATE OF RETURN What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 8% of pa, and a current market price of() $52.00, (b) 484.00, () $102.00, and (d) $149.007 Round your answers to two decimal places a. b. C d. Click here to read the book: valuing Nonconstant Growth Stocks Problem Walk-Through NONCONSTANT GROWTH Computech Corporation is expanding rapidly and currently needs to retain all of its earnings: henon, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.00 coming 3 years from today. The divided should grow rapidly-at a rate of 39 per year during Years 4 and S; but after years, growth should be a constant7% per year. If the required return on Computech is 14%, what is the value of the stock today? Round your answer to the nearest cent. Do not round your Intermediate calculations 7. ted

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