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Accounting

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A company has issued preferred stock with an annual dividend of $2.16 that will be paid in perpetuity. The current price of the stock is $25.08. What is the expected rate of return on the preferred stock? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES. Number % Consider a stock that that has just paid a dividend of $1.57. The dividend is expected to grow at a constant rate of 4% every year. The current price of the stock is $49.96. What rate of return are investors expecting? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES. Number % What is the price of a bond with a coupon rate of 5%, payable semi-annually, a face value of $1000, 6 years to maturity, and a yield to maturity of 5.2%? Enter your response below. Enter your answer to 2 DECIMAL PLACES. Number

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