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Time Left:2:20:00 Zachary Oliver: Attempt 1 13.28% 16.00% Question 21 (3.5 points) Here and After Corporation plans a new issue of preferred stock. Similar risk

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Time Left:2:20:00 Zachary Oliver: Attempt 1 13.28% 16.00% Question 21 (3.5 points) Here and After Corporation plans a new issue of preferred stock. Similar risk stock currently offers an annual return to investors of 11.0%. The company wants the stock to sell for $642.00 per share. What annual dividend must the company offer? $5,836.36 $70.62 $78.39 $101.83 $5,386.96 Question 22 (3.5 points) You are considering buying common stbck in Grow On, Inc. The firm yesterday paid a dividend of $7.80. You have projected that dividends will grow at a rate of 9.0% per year indefinitely. If you want an annual return of 24.0%, what is the most you should pay for the stock now? $52.00 $56.68

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