Raiph's Retreads Tire Company Stock pays a $2.00 dividend. The required rate of return by the investors is 9.0%. Based on the preferred stock (no growth) model, what is the price of the stock? $0.18 $22.22 $0.05 $20.00 Question 9 1 pts Big Boise Ears Headphone Company Stock pays a $1.20 dividend. The required rate of return by the investors is 12.0%. Based on the preferred stock (no growth) model, what is the price of the stock? $0.14 $12.00 $10.00 50.10