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You expect Technomess Company common stack to pay a dividend of $2.40 one year from now. You can buy the stock now for $52, and

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You expect Technomess Company common stack to pay a dividend of $2.40 one year from now. You can buy the stock now for $52, and you plan to sell the stock at the end of one year. Given the risk of the stock, your required rate of return is 16%. For what price would you need to sell your stock in one year in order to earn your required rate of return? $58 $15 $22 $60 $63 You are interested in buying 100 shares of Diversified Company's $60 par value preferred stock. The stock has a dividend rate of 8.5%. If your required return is 11 percent, how much would you be willing to pay to acquire the 100 shares? $7, 727 $4, 636 $129, 412 $7, 765 $6, 000 Warp-O Corporation common stock has a market price of $45 per share. Warp-O has a beta of 1.4. The rate of return Treasury bonds is currently 6% and the return on the S&P 500 is 13%. What is the required rate of return on Warp-O common stock? 10.2% 13.0% 15.8% 24.2% .35.1% The "cumulative" feature of preferred stock: requires missed dividends to be carried over to the next period. has cumulative voting rights. has a claim to dividends alter common stock. may be exchanged for common stock. may be redeemed for cash at the option of the stockholder

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