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please show your work. thanks! The EG Corporation just paid a dividend of $4.12 while the risk premium of the market is 9%. In addition,

please show your work. thanks!
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The EG Corporation just paid a dividend of $4.12 while the risk premium of the market is 9%. In addition, EG dividends are expected to grow at 5% forever and the required return on EG is 15%. Find the equilibrium stock price today. You want to purchase 100 shares of MBI preferred stock issued in 1970. The preferred stock has a dividend rate of 5 percent with $40 par. There were 2,000,000 shares of preferred stock issued in 1970 at a price of $45/share. If your current assessment of risk requires that the preferred stock yield 9 percent find the maximum you would pay for one share of MBI preferred stock

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