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16 You've collected the following information from your favorite financial website 52-Week Price 10 points Net Cho 24 HI 77.40 55.81 130.93 50.37 35.00 Lo
16 You've collected the following information from your favorite financial website 52-Week Price 10 points Net Cho 24 HI 77.40 55.81 130.93 50.37 35.00 Lo 10.43 33.42 69.50 14.08 2074 Stock Div) Palm Coal 36 Lake Lead Grp 1.54 SIR 200 DR Dime 93 Candy Galore 32 Div Yld 26 3.8 22 60 15 PE Ratio 6 10 10 6 28 Close Price 13.90 40.43 88.97 15.56 ?? 01 3.07 - 26 18 Priet Deference According to your research, the growth rate in dividends for DR Dime for the previous 10 years has been negative 13 percent If investors feel this growth rate will continue, what is the required return for DR Dime stock? (A negative answer should be indicated by a minus sign. Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Required retum
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