1 A,B,C

ANSWER

The Copperfield Auction House is growing quickly. Dividends are expected to grow at 21.04% for the next three years, after which growth is expected to be a constant 2.93%. The required return is 15.52% and the company just paid a $1.77 annual dividend. What is the current share price? (Round all intermediate steps to 4 digits) (Round Answer to nearest penny) The Lawrence Sisters Moving Company paid a quarterly dividend of $2.28 per share last quarter. Today, the company announced that future dividends will be increasing by 1.78% percent quarterly. If you require a 11.81% percent annual rate of return, how much are you willing to pay to purchase one share of this stock today? (Round intermediate steps to 4 digits.) Bonds issued by Brawndo Inc. bear a 11.48% coupon, payable semiannually. The bonds mature in 15 years and have a $1,000 face value. Currently the bonds sell for $537.47. What is the yield to maturity