Expect the stock price to be in five years

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Growth Rates:

Mitech Corps stock price has been growing at approximate 8% for several years and is now $30. Based on past growth rate performance, what would you expect the stock price to be in five years?

Pricing Preferred Stocks:

The following preferred stocks are returning 8.5% to their owners who purchased the shares when they were issued:

stock

Dividend

Current Price

A

5%

$14.71

B

7

41.18

C

11

129.41

Calculate the prices at which they were issued.

Reference no: EM13202489

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