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Sempra Energy has both preferred stock and common stock

Finance

Sempra Energy has both preferred stock and common stock. The preferred stock pays a perpetual dividend of $6 and you expect a 5.71% rate of return. The common stock carries a $3.87 current dividend (Do). Dividends are expected to grow by 8.3% per year and you expect a 11.5%. rate of return. What are the values of both stocks?

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