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Smith construction inc just paid a 278 dividend the

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Smith Construction, Inc. just paid a $2.78 dividend. The dividend is expected to grow by 4% each year for the nextthree years. After that the company will never pay another dividend ever again. If your required return on the stockinvestment is 10%, what should the stock sell for today?Select one:A.$46.33B.$7.46C.$15.63D.$28.91Your answer is incorrect.The correct answer is: $7.46>AF208_202101>Quiz 2: Chapter 6 &a...lOMoARcPSD|9578721
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9/2/2021Quiz 2: Chapter 6 & 7 (2%) -- Week 6: Attempt reviewQuestion3IncorrectMark 0.00 out of 1.00A bond pays $60 interest payments twice a year. What is the coupon rate for the bond if the par value of the bond is$1,000?Select one:Your answer is incorrect.
2/6QuestionCorrectMark 1.00 out of 1.004

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Correct Answer, Weighted average cost of capital, Sunila Devi

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