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thumbs up if correct. Thanks (Related to Checkpoint 10.3) (Preferred stock valuation) Calculate the value of a preferred stock that pays a dividend of $6.00

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(Related to Checkpoint 10.3) (Preferred stock valuation) Calculate the value of a preferred stock that pays a dividend of $6.00 per share when the market's required yield on similar shares is 12 percent The value of the preferred stock is $ per share (Round to the nearest cent.) (Common stock valuation) The common stock of NCP paid $1.32 in dividends last year. Dividends are expected to grow at an annual rate of 8.00 percent for an indefinite number of years a. If your required rate of return is 10.50 percent, what is the value of the stock for you? b. Should you make the investment? a. If your required rate of return is 10.50 percent, the value of the stock for you is $(Round to the nearest cent.) valuation) Gilliland Motor, Inc, paid a $3.75 dividend last year. If Gililand's return on equity is 24 percent, and its retention rate is 25 percent, what is the value of the common stock if the investors require a rate of return of 20 percent? The value of the common stock is $ (Round to the nearest cent.)

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