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1. The general dollar company has a marginal tax rate of 20%. The last dividend paid by the company was 1.20 general dollar's common stock
1. The general dollar company has a marginal tax rate of 20%. The last dividend paid by the company was 1.20 general dollar's common stock is selling for 8.59 per share, and its expected growth rate in earnings and dividend is 6 percent. What is general dollar's cost of common stock? 2. You own 300 shares of Abco stock. The firms plans on issuing a dividend of 1.25 a share one year from today and then issuing a final liquidation dividend of $32.24 a share two years from today. Your required rate of return is 11.5%. Ignoring taxes, what is the value of one where of this stock to you today
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