16,15,14 The market price of a stock is $50.00...

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Accounting

16,15,14
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The market price of a stock is $50.00 and it will pay a dividend of $5.00 next year The dividend is expected to grow at 3.00% forever. The stock's required rate of return is ____%. 1) 12.35 2) 11.49 3) 13.00 4) 12.05 5) 12.61 A firm issues preferred stock with a dividend of $5.00. If the appropriate discount rate is 10.00% p.a., the value of the preferred stock is $ ) 1) 50.00 2) 48.13 3) 49.07 4) 47.11 5) 51.25

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