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6. Markland Brothers recently paid a dividend of $3.08 per share. The dividend is expected to grow at a constant rate of 2.5% per year.

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6. Markland Brothers recently paid a dividend of $3.08 per share. The dividend is expected to grow at a constant rate of 2.5% per year. The required rate of retum on the stock, k, is 18%. What is the value per share of the company's stock? 7. Stockland Inc is expected to pay a dividend of $2.57 per share next year. The dividend is expected to grow at a constant rate of 3.2% per year. The required rate of retum on the stock, ks, is 17.8%. What is the value per share of the company's stock? 8. Addy Stock currently sells for $22.50 a share and just paid a dividend of $2.25 a share. The dividend is expected to grow at a constant rate of 6.5% a year. a. What stock price is expected 3 years from now? b. What is the stock's dividend yield? c. What is the stock's capital gains yield? d. What is the required rate of retum on the company's stock

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