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Upton is a dividend paying company. The dividend just paid, Do, was $2.25 and is expected to grow, g, for the foreseeable futures at a

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Upton is a dividend paying company. The dividend just paid, Do, was $2.25 and is expected to grow, g, for the foreseeable futures at a constant 4%. The required rate of return is 9.5%, a. At what price should Upton's stock sell? b. Find the intrinsic value today. c. If the actual market price today is $47.50, do you believe the stock is over/underpriced? XYZ issued preferred stock in 1985. The preferred stock has a PAR of $30/share with 8.2% dividend rate. Today XYZ preferred stock is selling for $41/share. Find the dividend. Find the return if you own XYZ preferred stock

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