If the dividends on a preferred stock is $9 per year, and the required rate of return on the stock is 12%, then calculate the current price of the preferred stock. For Stock A. the cash dividend expected one year from now is $9 The dividends are expected to grow at a constant rate of 6% per year for ever. The required rate of return on the common stock is 15%. Then calculate the current price of the stock using the dividend growth model. The following cash flows are given for the Project Z