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QUESTION 7 Stu owns shares of Markley preferred stock which he says provides him with a constant 13.6 percent rate of return. The stock is
QUESTION 7 Stu owns shares of Markley preferred stock which he says provides him with a constant 13.6 percent rate of return. The stock is currently priced at $51.47 a share. What is the amount of the dividend per share? 2.64 3.78 5.85 6.26 7.00 QUESTION 8 Wilmington Importers preferred stock pays a $5 annual dividend. What is the maximum price you are willing to pay for one share of this stock if your required return is 15.5 percent? 32.26 35.48 72.86 77.50
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