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(Preferred stock expected return) You are planning to purchase 150 shares of preferred stock and must choose between stock in the Jackson Corporation and

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(Preferred stock expected return) You are planning to purchase 150 shares of preferred stock and must choose between stock in the Jackson Corporation and stock in the Fields Corporati required rate of return is 10.44 percent. If the stock in Jackson pays a dividend of $2.75 and is selling for $26 and the stock in Fields pays a dividend of $3.50 and is selling for $34, which s should you choose? What is the expected return of stock in Jackson Corporation? % (Round to two decimal places.) (Preferred stockholder expected return) You own 150 shares of Budd Corporation preferred stock at a market price of $16 per share. Budd pays dividends of $2.75. What is your expected of return? If you have a required rate of return of 19 percent, should you sell your shares or buy more of the stock? a. Your expected rate of return is %. (Round to two decimal places.) (Common stockholder expected return) If you purchased 175 shares of common stock that pays an end-of-year dividend of $2.75, what is your expected rate of return if you purchased the $27.31 per share? Assume the stock is expected to have a constant growth rate of 7 percent. Your expected rate of return is %. (Round to two decimal places.) (Common stockholder expected return) Ziercher executives anticipate a growth rate of 11 percent for the company's common stock. The stock is currently selling for $40.51 per share and an end-of-year dividend of $1.44. What is your expected rate of return if you purchase the stock for its current market price of $40.51? Your expected rate of return is %. (Round to two decimal places.)

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