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23. What dividend yield would be reported in the financial press for a stock that currently pays a Si dividend per quarter and the most

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23. What dividend yield would be reported in the financial press for a stock that currently pays a Si dividend per quarter and the most recent stock price was $40? 10% 24. What is the book value per share for a firm with 2 million shares outstanding at a price of $50, a market-to-book ratio of .75, and a dividend payout ratio of 50%? 25. What is the market price of a share of stock for a firm with 100,000 shares outstanding, a book value of equity of $3,000,000, and a market/book ratio of 3.0? 26. If next year's dividend is forecast to be $5.00, the constant growth rate is 4%, and the discount rate is 16%, then the current stock price should be: 27. What constant growth rate in dividends is expected for a stock valued at $2.00 if next year's dividend is forecast at $2.00 and the appropriate discount rate is 13%2 28. What should be the price for a common stock paying $3.50 annually in dividends if the growth rate is zero and the discount rate is 8 %

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