If the required return on the preferred stock is 800, Financial Management

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If the required return on the preferred stock is 800

A preferred stock from Hecla Mining Co. (HLPRB) pays $5.00 in annual dividends.

If the required return on the preferred stock is 8.00 percent, what is the value of the stock? (Round your answer to 2 decimal places.)

Ultra Petroleum (UPL) has earnings per share of $1.55 and a P/E ratio of 32.92.

What’s the stock price? (Round your answer to 2 decimal places.)

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Financial Management: If the required return on the preferred stock is 800

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Financial Management: If the required return on the preferred stock is 800

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