Principle of Finance

A share of common stock just paid a dividend of $1(D0=$1). If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 11.4%, what is the stock price per share today? $16.67 $17.57 $8.77 $18.52 A firm has an outstanding issue of perpetual preferred stock with an annual dividend of $7.5 per share. If the required return on this preferred stock is 6.5%, at what price per share should the stock sell? $106.95$109.69$112.56$115.38