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  3. 1. abc co., preferred stock has a par value of $33

1. ABC Co., preferred stock has a par value of $33.4 with a preferred dividend...

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Finance

1. ABC Co., preferred stock has a par value of $33.4 with a preferred dividend rate of 5.41%. If the required rate of return on preferred stock is 11.56%, what is today's price of preferred stock?

2. ABC, Inc.'s stock is currently selling for $209.71. The dividends are expected to grow at 6.65% each year forever. If the required rate of return on the stock is 13.42%, what is the current period's dividend? That is, solve for D0.

3. XYZ, Inc. is expected to pay a dividend of $2.58. The dividends are expected to grow at 3.64% each year forever. The required rate of return on the stock is 24.56%. What is today's price of the stock?

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