Question: Q1: SHOW STEP BY STEP WORK Q1 ANSWER IS $63.16 Q2: SHOW STEP BY STEP WORK Q2 answer is 6.9% Best Chocolate corporation paid is
Q1:

SHOW STEP BY STEP WORK Q1 ANSWER IS $63.16
Q2:

SHOW STEP BY STEP WORK Q2 answer is 6.9%
Best Chocolate corporation paid is a dividend of $6.00 at the end of the year. Dividends are expected to grow at a constant rate of 6.5% indefinitely. The investor's rate of return for a firm like Best Chocolate characteristics is 16%. Compute the value of the stock The present market price for preferred stock is $45.50. If the stock pays a dividend of $3.14, what is the expected rate of return
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