All answers must be entered as a formula.

3 Calculating the required return - Excel ? 2 - B X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 A A % 10 Paste BIU . A Alignment Number Conditional Format as Cell Formatting Table Styles Cells Editing points Clipboard G Font Styles Skipped A1 X A B C D E F G H H K eBook 2 3 Tell Me Why Co. is expected to maintain a constant 3.9 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 5.9 percent, what is the required return on the Print company's stock? 4 5 References 6 Dividend growth rate 3.9% 7 Dividend yield 5.9% 8 9 10 Complete the following analysis. Do not hard code values in your calculations. 11 12 Required return 134 Calculating stock price - Excel ? 6 - 5X FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 A A % 10 Paste BIU . A Alignment Number Conditional Format as Cell Formatting Table Styles Cells Editing points Clipboard Font Styles Skipped A1 X V A B C D E F G H K eBook 2 3 Estes Park Corp. pays a constant $7.80 dividend on its stock. The company will maintain this dividend for the next 13 years and will then cease paying dividends forever. If the required return Print on this stock is 11.2 percent, what is the current share price? 4 5 References 6 Current dividend $ 7.80 7 Years until dividend ceases 13 8 Required return 11.2% 9 10 11 Complete the following analysis. Do not hard code values in your calculations. 12 13 Share price 14