Temps CO to businesses with temporarily hea a. Describe briefly the legal rights and privileges of common stockholders. b. 1. Write a formula that can be used to value any stock, regardless of its dividend pattern. 2. What is a constant growth stock? How are constant growth stocks valued? 3, What are the implications if a company forecasts a constant g that exceeds its r,? Will many stocks have expected g > r, in the short run (i.e, for the next few years)? In the long run (ie, forever)? Assume that Bon Temps has a beta coefficient of 1.2, that the risk-free rate (the yield on T-bords) is 7% and that the required rate of return on the market is 12% What is Bon Temps's required rate of return? tant growth company whose last dividend (Do, which was paid yester- c