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ASAP :) Thank you :) will give good rating :) (Stock return revisit) You bought 100 shares of Microsoft Corp common stock for $25 per
ASAP :) Thank you :) will give good rating :)
(Stock return revisit) You bought 100 shares of Microsoft Corp common stock for $25 per share a year ago. During the year, you received $4.38 dividends per share. The stock price is currently $20.6 per share the total return on your investment is % (Non-constant dividends) The stock of Hodges Inc. is forecasted to pay dividends in the next three years as follows: D =$2, D2-$2.9. Do-$4.1. The stock price of the company is estimated to be $53.9 at the end of three years. The rate of return for similar-risk common stock is 9%. Then the value of Hodges common stock is $ (Please keep two decimal numbers in the answer) (Non-constant growth Pettyway Corp's next annual dividend (D) is expected to be $4. After that, the growth rate in dividends over the next three years is forecasted at 11%. And after that, Pettyway's growth rate in dividends is expected to be 2.9%. The required return is 7.396. Then the value of the stock is $ Step by Step Solution
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