1).Expected ReturnAmerican Eagle Outfitters (AEO) recently paid a $.40 dividend. The dividend is expected to grow at a 15.70 percent rate. At the current stock price of $24.27, what is the return shareholders are expecting?

2).Changes in Growth and Stock ValuationConsider a firm that had been priced using a 12.00 percent growth rate and a 17.00 percent required rate. The firm recently paid a $2.10 dividend. The firm has just announced that because of a new joint venture, it will likely grow at a 14.00 percent rate. How much should the stock price change (in dollars and percentage)?

3).Expected ReturnCircuit City Stores (CC) recently paid a $.33 dividend. The dividend is expected to grow at a 24.70 percent rate. At the current stock price of $9.66, what is the return shareholders are expecting?

4).Average ReturnThe past five monthly returns for K and Company are 5.05 percent, 4.93 percent, -1.25 percent, 4.05 percent, and 8.05 percent. What is the average monthly return?