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Question 39 (1 point) Cartwright Brothers' preferred stock has an annual dividend of $3.5 per share. If the required rate of return on the preferred

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Question 39 (1 point) Cartwright Brothers' preferred stock has an annual dividend of $3.5 per share. If the required rate of return on the preferred stock is 12%, how much would you be willing to pay for one share of the preferred stock? O 1) 25.38 2) 29.17 3) 34.25 O4) 42.50 Question 40 (1 point) SunPower Corporation's stock is currently selling at $50 per share. The stock has a beta value of 1.2 and expects to pay $2.50 dividend next year. The estimated market rate of return is 13% and the risk-free rate is 6%. What is the stock's expected capital gains yield? 1) 10.5% 2) 9.4% 3) 8.6% 4) 7.4%

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