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please answer 6-9 QUESTION 6 Mooney's Music Studios has perpetual...

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QUESTION 6 Mooney's Music Studios has perpetual preferred stock outstanding that sells for $51 a share and pays a dividend of $5.71 at the end of each year. What is the expected rate of retur? a. 10.1% b. 14.6% O c. 12.6% O d. 8.9% O e. 11.296 QUESTION 7 What would be the expected rate of retum on a perpetual preferred stock with a $100 par value, a stated dividend of 10 percent of par, and a current market price of $80? a. 10.00% b.8.00% c. 12.50% d. 12.62% e. 9.52% QUESTIONS Hamil Drilling Company's reserves are being depleted, so its sales are falling. As a result, the company's earnings and dividends are declining at the constatit rate of 3 percent per year. IfD 0 - $5.00 andrs - 12%, what is the value of Hamil Drilling's stock? a $57.22 b. 553.89 c. SS5.56 d. S33.33 Oe. S32.33 1 po QUESTION 9 The beta of Stock A is 03 (indicating that its returns rise when returns on most other stocks tall. If the risk-free rate is 52 percent and the expected rate of return on an average stock is 10.9 percent, what is the required rate of retum on Stock A? a. 6.9198 b.1.93% 1.7155 d. 3.499 .8.475

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