Question
A. A firm just paid a dividend of $2.41. The dividend is expected to grow at a constant rate of 4.39% forever and the required
A. A firm just paid a dividend of $2.41. The dividend is expected to grow at a constant rate of 4.39% forever and the required rate of return is 12.30%. What is the value of the stock? Answer format: Currency: Round to: 2 decimal places.
B. The market price of a stock is $23.95 and it just paid a dividend of $1.16. The required rate of return is 11.50%. What is the expected growth rate of the dividend? Answer format: Percentage Round to: 2 decimal places
C. The market price of a stock is $23.39 and it is expected to pay a dividend of $1.04 next year. The required rate of return is 11.73%. What is the expected growth rate of the dividend? Answer format: Percentage Round to: 2 decimal places
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