Jeff wants to invest in preferred stocks issued by Camden Company. The company paid $3 dividend per share on its stock last year. The dividend is expected to grow at a constant rate of 10% per year indefinitely. If Jeff requires a rate of return of 15% on the stock, what is the (estimated) current price of Camden stock?

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.