Go to the St. Louis Federal Reserve FRED database, and find data on the Dow Jones Industrial

Question:

Go to the St. Louis Federal Reserve FRED database, and find data on the Dow Jones Industrial Average (DJIA). Assume the DJIA is a stock that pays no dividends. Apply the one-period valuation model, using the data from one year prior up to the most current date available, to determine the required return on equity investment. In other words, assume the most recent stock price of DJIA is known one year prior. What rate of return would be required in order to "buy" a share of DJIA? Suppose that a $100 is paid out instead. How does this change the required rate of return?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...