problem 7

 need 2 answers 

Problem Set #7

Please, address each of the questions below, in 100-150 words (per question). Include any relevant examples and links to your sources.  

 1.  What is the difference between common stock and preferred stock?
2.  In your own words, describe the dividend growth model. 

 3.  What is a company's free cash flow? Define and illustrate with an example