Qualcomm (QCOM) is expected to generate annual earnings per share of $3.70 and is currently trading for $62.64. Assuming that investors require a return of 13% for QCOM stock, what is the approximate fractional amount of the current stock price reflected in PVGO? A preferred stock with a $25 par value pays an annual dividend of 8% and is currently trading for $18 per share. What is the annualized return being demanded by investors? AT&T stock just paid an annual dividend of $1.75 for the most recent year. The current stock price is $38. Assuming investors expect a constant growth rate in dividends of 6% into perpetuity, what is the implied required return being demanded by investors