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Multiple Choice: Assume the following for the next three problems: XYZ, Inc. has issued a preferred stock (perpetuity) that recently paid a dividend of $1.50

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Multiple Choice: Assume the following for the next three problems: XYZ, Inc. has issued a preferred stock (perpetuity) that recently paid a dividend of $1.50 per share (D.) and grows a constant annual rate of 3.00%. The required return is 6.00%. Choose the correct answer. 24. What would happen to the price if the required return changed to 7.00%? (3 points) 25. What would happen to the price if the constant annual growth rate changed to 4.00%? (3 points) 26. What would happen to the price if the recent dividend was $2,00 per share? (3 points)

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