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Q2) What is the value of a share of preferred stock that promises to pay $2.05 every year,indefinitely, if you have a required rate of

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Q2) What is the value of a share of preferred stock that promises to pay $2.05 every year,indefinitely, if you have a required rate of return of 8.12%? (2 points) (3) The current price of Janco stock is $8.77. Dividends are expected to grow at 4.36% indefinitely and the most recent dividend paid yesterday was $3.80. Compute the following for Janco stock: a) The required rate of return: (1.5 points) b) The dividend yield: (1.0 points) c) Capital gains yield: (1.0 points)

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