ABC Corp. has just paid a dividend of $0.52. ABC has an annual required return of 10.38%.

If dividends are annual and expected to be constant, what is the value of the stock? Correct Using the no-growth dividend discount model: P=rD=0.10380.52=5.01 What is ABC 's dividend yield? Attempt 2/10 for 10pts. From now on, assume that the dividend of $0.52 was a quarterly dividend. What is the quarterly discount rate? Attempt 1/10 for 10 pts. What is the value if dividends are constant and quarterly? We now think that dividends will grow by 0.6% from quarter to quarter. The firm just paid the quarterly dividend of \$0.52. What is the value of the stock? A different analyst thinks that ABC 's dividends will grow by 5% for the next 4 quarters, and then grow by 0.6% thereafter. What is the value of the stock