Preferred stockholders typically do not have voting rights 1) False 2) True Question 10 (Mandatory) (7.14286 points) Suppose currently T-bill rate is 2% and S\&P 500 return is 10\%. The beta of GM is 1.7. GM just paid a dividend of 1.5 dollars per share, and dividend has a growth rate of 10%. What is the intrinsic value of GM stock per share? 1) 23.74 2) 29.46 3) 26.79 4) 15.58 The amount of the preferred stock dividend is generally fixed either as a dollar amount or as a percentage of the par value. 1) False 2) True Question 12 (Mandatory) (7.14286 points) Which of the following are true owners of the firm? 1) common stockholders 2) bondholders 3) preferred stockholders 4) none of the other three choices