$1622$

cerments

Question $32$

$3$ pts

BF If a preferred stock is paying a $$15$ annual dividend and has a required return of $120\%$ what is the current value of the preferred stock?

$150\mathrm{.}00$

$125\mathrm{.}00$

$1\mathrm{.}80$

$56\mathrm{.}40$

$83\mathrm{.}33$

Question $33$

$3$ pts

BG If a company consistently generates a return on equity of $15\%,$ has a beta of $1\mathrm{.}2$ and pays out $40\%$ of net income as dividends; what would be the sustainable growth rate of this company?