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5- Roy's Welding Supplies common stock sells for $40 a share and pays an annual dividend that increases by 4.2 percent annually. The market rate
5- Roy's Welding Supplies common stock sells for $40 a share and pays an annual dividend that increases by 4.2 percent annually. The market rate of return on this stock is 8 percent. What is the amount of the last dividend paid?
6- Atlas Mines has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 2.50 percent annually. The firm just paid an annual dividend of $1.30. What will the dividend be six years from now?
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