Question: Work the Problems (numbers are changed from textbook) 9-2 Constant growth valuation Tresnan Brothers is expected to pay a $1.00 per share dividend at the

Work the Problems (numbers are changed from textbook) 9-2 Constant growth valuation Tresnan Brothers is expected to pay a $1.00 per share dividend at the end of the year (ie., D1=$1.00 ). The dividend is expected to grow at a constant rate of 10 percent a year. The return on the stock, rs is 15%. What is the value per share of the company's stock? ( 25 points) 9-6 Preferred stock valuation Farley Inc. has perpetual preferred stock outstanding which pays a dividend of $5 at the end of each year. The preferred stock sells for $100 a share. What is the required rate of return? (25 points)

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