1. List and describe the four types of secondary markets
2. Describe the features of common stock versus preferred stock and explain why many financial analysts treat preferred stock as a special type of bond rather than as an equity security
3. Describe how the general dividend-valuation model values a share of stock
4. Discuss the assumptions that are necessary to make the general dividend-valuation model easier to use, and use the model to compute the value of a firms stock
5. Explain why g must be less than R in the constant-growth dividend model
6. Explain how valuing preferred stock with a stated maturity differs from valuing preferred stock with no maturity, and calculate the price of a share of preferred stock under both conditions