10 - Test 5- Requires Respondus LockDown Browser Time Left:1:33:19 Ralph King: Attempt 1 Question 11 (0.125 points) An investor's required rate of return is 10%. Given a current market price of $22 per share of common stock and an expected dividend for the next year of $1.32 per share, at what price would the stock be selling by the end of the year? A) 22.44 ( B) 22.66 O C) 22.88 ( D) 23.84 Question 12 (0.125 points) How is preferred stock affected by a decrease in the required rate of return? A) the value of a share of preferred stock increases B) the dividend increases C) the dividend decreases ( D) the dividend yield increases Previous Page Next Page Page 3 of 12