Homework Assignment What is the difference between common stock and preferred stock? Describe the characteristics of each type of stock

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Homework Assignment

1. What is the difference between common stock and preferred stock? Describe the characteristics of each type of stock.
2. What is the difference between a publicly held company and a privately held company?
3. Describe in detail the Dividend Discount Models (Constant Dividend (Zero growth), Constant Growth, Nonconstant Growth).