The market price of a share of preferred stock is $42.24. The market uses a discount rate of 6.04%. What is the dividend?

Ricky Bobby Incorporated stock is selling for $16.24 this morning. Analysts believe the stock will sell for $19.61 in one year. The stock is expected to pay a $0.69 dividend per share. What return will you earn if you purchase now?

A stock has a Beta of 0.94. The current risk free rate in the economy is 2.20%, while the market portfolio risk premium is 6%. Find the cost of equity for this stock.