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Question 13 1 pts SanData Inc. recently paid its annual dividend of $2.61. Dividends have consistently grown at a rate of 8%. You estimate that
Question 13 1 pts SanData Inc. recently paid its annual dividend of $2.61. Dividends have consistently grown at a rate of 8%. You estimate that the stock has a required return of 14%. What is the intrinsic value of this stock? DO NOT ENTER THE $ SIGN. ALSO, ENTER YOUR ANSWER AS A POSITIVE NUMBER. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO TWO DECIMAL PLACES AT THE END, i.e. IF YOUR ANSWER IS 33.4348 ENTER IT AS 33.48 ONLY 24.75 Question 14 1 pts The preferred stock of Dallas Platinum Exchange has a par value of $75 and pays a 5% dividend rate per year. You calculated a beta of 0.88 for the stock. The risk-free rate is 2.84% and the market return is 9.2%. Assuming that CAPM holds, what is the intrinsic value of this preferred stock? DO NOT ENTER THE $ SIGN. ALSO, ENTER YOUR ANSWER AS A POSITIVE NUMBER. SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND TO TWO DECIMAL PLACES AT THE END, i.e. IF YOUR ANSWER IS 33.4348 ENTER IT AS 33.48 ONLY 44.45
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