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1. Given the information in the table, what is TODAYs price of the stock? Todays Dividend $2.18 Discount Rate 10.00% Growth rate in dividends 0

1. Given the information in the table, what is TODAYs price of the stock?

Todays Dividend

$2.18

Discount Rate

10.00%

Growth rate in dividends 0 to 1

9.00%

Growth rate in dividends 1to 2

5.00%

Growth rate in dividends 2 to 3

5.00%

Growth rate in dividends 3 onward

4.00%

2.

Given the following information, what is the percentage dividend yield between today and period 1?

Todays Dividend =

$4.91

Expected Growth rate in dividends =

4.72

Discount Rate (Required return) =

5.12

Calculate your answer to two decimal places (e.g., 2.51)

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