1. Jazmine Flowers Inc. has just issued preferred stock with a par value of $100 and annual dividend rate of 7%. If the required rate of return is 20% for this stock, what is the current selling price?
2. You want to invest in a stock that pays $6 annual cash dividends for the next five years. At the end of the five years, you will sell the stock for $30. If you want to earn 10% on this investment, what is the fair price for this stock if you buy it today?
3. List two concepts,techniques, theories that you studied in a financial management course that you think will be a great value to you as a business man justify your selections.