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Homework answers / question archive / 1) Harrison Clothiers’ stock currently sells for $109 a share
1) Harrison Clothiers’ stock currently sells for $109 a share. It just paid a dividend of $1 a share. The dividend is expected to grow at a constant rate of 6% a year. What is the required rate of return? What stock price is expected 1 year from now?
2) Fee Founders has perpetual preferred stock outstanding that sells for $149 a share and pays a dividend of $5 at the end of each year. What is the required rate of return?
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