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Question 3 (2.5 points) Saved Ten years ago, Avenger Toys began manufacturing and selling retro arcade games for sports bars. Dividends are currently $1.00 per

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Question 3 (2.5 points) Saved Ten years ago, Avenger Toys began manufacturing and selling retro arcade games for sports bars. Dividends are currently $1.00 per share, having grown at a 10 percent compound annual rate over the past 5 years. That growth rate is expected to be maintained for the next 2 years, after which dividends are expected to grow at half that rate for 3 years. Beyond that time, Avenger Toys's dividends are expected to grow at 4 percent per year. What is the current value of a share of Avenger Toys common stock if your required return is 18 percent? $7.65 $8.08 $8.42 $10.36 $7.02 Question 4 (2.5 points) Saved A share of preferred stock is selling today for $20.00. The share has a par value of

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