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in excel please and thank you! 2. (Preferred stockholder expected return) You own 252 shares of Global Services' preferred stock with a par value of
in excel please and thank you!
2. (Preferred stockholder expected return) You own 252 shares of Global Services' preferred stock with a par value of $25, which currently sells for 72.48% of par value and pays annual dividend of $1.19 per share. a. What is your expected return? b. If you require a 10% return, given the current price, would you be interested in selling or buying more stock? 3. (Common stock valuation) Calculate the current price of common stock that recently paid a $1.20 dividend and has a 3.75% growth rate. Your required rate of return is 13% Step by Step Solution
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