Please address one of the following topics.Please keep your response brief and productive.Thank you!

1. List and describe the four types of secondary markets.
2. Explain why many financial analysts treat preferred stock as a special type of bond rather than as an equity security.
3. Describe how the general dividend-valuation model values a share of stock.
4. Discuss the assumptions that are necessary to make the general dividend-valuation model easier to use, and use the model to compute the value of a firm's stock.
5. Explain whygmust be less than R in the constant-growth dividend model.
6. Explain how valuing preferred stock with a stated maturity differs from valuing preferred stock with no maturity, and calculate the price of a share of preferred stock under both conditions.

Answer rating: 100% (QA)

Explain why many financial analysts treat preferred stock as a special type of bond rather than as a... View the full answer