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A) A) B) C) pls type not write, and calculations need to be shown w/ steps to TI BAII PLUS CALCULATOR The Tropical Breezes Company
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pls type not write, and calculations need to be shown w/ steps to TI BAII PLUS CALCULATOR
The Tropical Breezes Company expects their dividends and earnings to grow at a constant rate of 4% a year into the foreseeable future. Currently the market is requiring a 10% rate of return on their stock. The most recent dividend paid was $2.75/share. SHOW ALL WORK FOR FULL CREDIT. a) What is the current price of the stock? b) (2 pts) what is the current capital gains yield on this stock? c) (2 pts) What is the current dividend yield on this stockStep by Step Solution
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