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Please help 1 .A share of common stock has just paid an annual dividend of $4.00. The dividend growth rate is expected to be 8%.
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1.A share of common stock has just paid an annual dividend of $4.00. The dividend growth rate is expected to be 8%. If the required rate of return is 12%, what is the current price per share?
Select one:
A.$100.00
B.$80.00
C.$112.00
D.None of these answers are correct
2.
A firm's preferred stock is paying an annual dividend of $5. The growth rate for the firm's common stock is 7%. What is the preferred stock price if the required rate of return is 10%?
Select one:
A.$5.00
B.$62.50
C.$166.67
D.None of these answers are correct
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