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Blossom, Inc., paid a dividend of $3.50 last year. The company's management does not expect to increase its dividend in the foreseeable future. If the required rate of return is 10.0 percent, what is the current value of the stock? (Round answer to 2 decimal places, e.g 15.25.) Current value Ivanhoe Corp. paid a dividend of $2.46 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for the foreseeable future. If investors in stocks of companies like Ivanhoe require a rate of return of 20 percent, what should be the market price of Ivanhoe stock? (Round dividend to 3 decimal places, e.g. 3.756 and round final answer to 2 decimal places, e.g. 15.25.) Market price Blossom Corp. is expected to pay a dividend of $2.30 next year. The forecast for the stock price a year from now is $34.00. If the required rate of return is 10 percent, what is the current stock price? Assume constant growth. (Round answer to 2 decimal places, e.g 15.20.) Current stock prices Blossom Energy Company has issued perpetual preferred stock with a stated (par) value of $100 and a dividend of 7.5 percent. If the required rate of return is 12.00 percent, what is the stock's current market price? (Round answer to 2 decimal places, e.g. 15.25.) Current market price The First Bank of Flagstaff has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.85 on this stock. What is the current price of this preferred stock given a required rate of return of 12.5 percent? (Round answer to 2 decimal places, e.g. 15.25.) Current price

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