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QUESTION 10 Rayray Records' stock currently sells for $105.00 per share. The dividend is projected to increase at a constant rate of 5.00% per year.

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QUESTION 10 Rayray Records' stock currently sells for $105.00 per share. The dividend is projected to increase at a constant rate of 5.00% per year. The required rate of return on the stock, rs, is 9.00%. What is the stock's expected price 3 years from today? $118.11 $90.70 $135.98 $110.25 $121.55 QUESTION 11 Avenge The Fallen Inc. has an outstanding issue of pernah meralcon with an company incurs flotation costs of 5%. The QUESTION 10 Rayray Records' stock currently sells for $10 rate of return on the stock, rs, is 9.00%. Wha O $118.11 O $90.70 O $135.98 O $110.25 $121.55 QUESTION 11 Avenge The Fallen Inc. has an outstanding issue preferred stock is 7.5%, at what price should th $100.00

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