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the price of Utamu Corporation stock is expected to be $60 in 4 years. Dividends are pated to increase at an annual rate of 8

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the price of Utamu Corporation stock is expected to be $60 in 4 years. Dividends are pated to increase at an annual rate of 8 percent from the most recent dividend of $2.00. If of required rate of return is 10 percent how much are you willing to pay for the Utamu stock? b. You own 300 shares of Infinity preferred stock, which currently sells for $60 per share and pay annual dividends of $4.00 per share. 1. What is your expected return? ii. If you require a 6% return, given the current price, should you sell or buy more stock

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