(Perpetuity) A certain preferred stock pays a $14.00 annual dividend. The next dividend is expected in one year. How much is the stock worth to you if you require a rate of return of: a. 10%? b. 14%? c. 17%? d. 20%? 34. (Perpetuity) You can buy a preferred stock that pays a $12.50 annual dividend, the next dividend due in one year. What rate of return does the stock offer if you can buy it for: Using Excel

a. $75.00?

b. $90.00?

c. $100.00?

d. $120.00?

(Perpetuity) A certain preferred stock pays a $14.00 annual dividend. The next dividend is expected in one year. How much is the stock worth to you if you require a rate of return of: Using excel

a. 10%?

b. 14%?

c. 17%?

d. 20%?