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QUESTION 42 The growth rate for the firm's common stock is 7%. The firm's preferred stock is paying an annual dividend of $5. What is

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QUESTION 42 The growth rate for the firm's common stock is 7%. The firm's preferred stock is paying an annual dividend of $5. What is the preferred stock price if the required rate of return is 8%? A.A. $5.00 OB. B. $65,50 C.C. $500 D.D. None of the above QUESTION 43 A firm is paying an annual dividend of $2.65 for its preferred stock which is soling for $57.00. There is a selling cost of $3.30. What is the after-tax cost of preferred stock if the firm's tax rate is 33% A.A.4.9% B.B. 28% C.C.33% D.D. 10%

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