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You own stock in Ferrari Red. The stock just paid a dividend of $24.00. Dividends are paid quarterly. You expect dividends to grow at a
You own stock in Ferrari Red. The stock just paid a dividend of $24.00. Dividends are paid quarterly. You expect dividends to grow at a rate of 2% on a quarterly basis. The required return on the stock on a quarterly basis is 7%.
Q 4 Question 4 (5 points) The current ex dividend price of the stock is Select one: 420.38 428.79 462.13 474.49 480.00 489.60 521.33
Q 5 Question 5 (2 points) The price of the stock just before it went ex dividend is Select one: 444.38 452.79 486.13 498.49 513.60 514.08 545.33
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