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1. Suppose a stock is expected to pay a $1.00 dividend every month and the required return is 9 % with monthly compounding. What is

1. Suppose a stock is expected to pay a $1.00 dividend every month and the required return is 9% with monthly compounding. What is the price?

2. The News Company is expected to pay a dividend of $10 next period and dividends are expected to grow at 9% per year. The required return is 18%. What is the current price?

3. Suppose a stock is expected to pay a $1.00 dividend every month and the required return is 9% with monthly compounding. What is the price?

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