E-Eyes.com just issued some new preferred stock. The issue will pay an annual dividend of $14 in perpetuity, beginning 4 years from now. If the market requires a 10 percent return on this investment, how much does a share of preferred stock cost today? Lohn Corporation is expected to pay the following dividends over the next four years: $17,$12,$7, and $3. Afterward, the company pledges to maintain a constant 7 percent growth rate in dividends forever. If the required return on the stock is 14 percent, what is the current share price? Multiple Choice $56.52 $5780 $5953 Burnett Corporation pays a constant $20 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever. If the required return on this stock is 16 percent, what is the current share price? Multiple Choice