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Remaining Time: 1 hour, 08 minutes, 28 seconds. Question Completion Status: L) A Moving to...

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Accounting

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Remaining Time: 1 hour, 08 minutes, 28 seconds. Question Completion Status: L) A Moving to another question will save this response. >> Question 18 4 points Save Answer Xion has preferred stock outstanding that will pay an annual dividend of $4.90 per share with the first dividend exactly 10 years from today. If the required return is 3.84 percent, what is the current price of the stock? S87.54 $122.89 S127.60 $90.90 $84.31 Remaining Time: 1 hour, 07 minutes, 43 seconds. Question Completion Status: L) A Moving to another question will save this response. Question 19 4 points Save Answer Your company is expected to pay a dividend of $2.75 and $2.30 over the next two years, respectively. After that, your company is expected to increase its annual dividend at 3.1 percent. What is the stock price today if the required return is 10.5 percent? $30.60 $26.23 $34.96 OS28.72 $32.80

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