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Question 3 2 pts Builtrite preferred stock pays 5% dividend based on a par value of $64. The stock is currently selling at $70.00. If
Question 3 2 pts Builtrite preferred stock pays 5% dividend based on a par value of $64. The stock is currently selling at $70.00. If you purchase the stock, what is your expected return? 4.2% 3.8% O 5.0% 4.6% Question 4 2 pts Builtrite stock just paid a dividend of $5 and dividends are expected to grow at a 4% annual rate. If you require a 10% annual return, what do you believe is a fair price for Builtrite stock? $83.33 $80.00 $88.33 $86.67
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