Favorita Candy's stock is expected to earn $3.40 per share this year, Its P/E ratio is 20. What price is the stock price? (Round your answer to 2 decimal places.) 2 Preferred Products has issued preferred stock with an annual dividend of $5.90 that will be paid in perpetuity. a-If the discount rate is 10.00%, at what price should the preferred sell? (Round your answer to 2 decimal places.) b. At what price should the stock sell 1 year from now? (Round your answer to 2 decimal places.) Hint Print c. What is the dividend yield, the capital gains yield, and the expected rate of return of the stock? (Enter your answers as a whole Dividend yield Capitail gains yield Expected rate of retum 3 Arts and Crafts, Inc. will pay a dividend of $9 per share in 1 year. It sells at $90 a share, and firms in the same industry provide an expected rate of return of 15%. what must be the expected growth rate of the company's dividends? (Do not round intermediate calculations. Enter your answer as a whole percent.) nts Expected growth rate 4 Steady As She Goes Inc. w-pay a year-end dividend of $4.00 per share. Investors expect the dividend to grow at rate of S% a. If the stock currently sells for $40.00 per share, what is the expected rate of return on the stock? (Do not round intermediate calculations. Enter your answer as a whole percent. rate of return b. If the expected rate of return on the stock is 17.50%, what is the stock price? (Do not round intermediate calculations.) 5 No-Growth Industries pays out all of its earnings as dividends. It will pay its next $4 per share dividend in a year. The discount rate is 15% a. What is the price-earnings ratio of the company? (Do not round intermediate calculations. Round your answer to 2 decimal PIE ratio b, what would the P/E ratio be if the discount rate were 10%? (Round your answer to 2 decimal places.)