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Question 14 (0.2 points) The preferred stock of company XYZ pays preferred stock dividend of $2 each year, assuming the required rate of return is

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Question 14 (0.2 points) The preferred stock of company XYZ pays preferred stock dividend of $2 each year, assuming the required rate of return is 9%, what is the price of this preferred stock in $? Your Answer: Answer View hint for Question 14 Question 15 (0.2 points) Find the price today of a young growth company's stock that is not expected to pay any dividends for the next nine years, but ten years from now the stock is expected to pay a dividend of $4 per share and then grow this dividend by 3% per year forever. Investors expect a 10% annual return on this stock. Your

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