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#22 A firm will pay a dividend of $2.97 next year. The dividend is expected to grow at a constant rate of 2.86% forever and

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#22 A firm will pay a dividend of $2.97 next year. The dividend is expected to grow at a constant rate of 2.86% forever and the required rate of retum is 13.86%. What is the value of the stock? unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #23 A firm just paid a dividend of $2.37. The dividend is expected to grow at a constant rate of 2.43% forever and the required rate of return is 14.90%. What is the value of the stock? unanswered not_submitted Submit Attempts Remaining: Infinity Answer format: Currency: Round to: 2 decimal places. #24 The market price of a stock is $33. 19 and it is expected to pay a $3.78 dividend next year. The dividend is expected to grow at 2.11% forever. What is the required rate of return for the stock? unanswered Submit not_submitted Attempts Remaining: Infinity Answer format: Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))

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