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please helo 5-6 5. Favored stock will pay a dividend this year of $2.40 per share. Its dividend yield is 8%. At what price is

image text in transcribedplease helo 5-6

5. Favored stock will pay a dividend this year of $2.40 per share. Its dividend yield is 8%. At what price is the stock selling? 6. JetHair's earnings are $6 per share. The firm's ROE is 50% and its plowback ratio is 40%. a. What is JetHair's dividend for the next year? b. What is the current stock price if its required rate of return is 35%

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