Better Life Nursing Home, Inc. has maintained a dividend payment of $4 per share for many years. The same dollar dividend is expected to be paid in future years. The same dollar dividend is expected to be paid in future years. If investors require a 12% rate of return on investments of similar risk, determine the value of the companys stock.

Choice: $11.11

Choice: $22.22

Choice: $33.33

Choice: $44.44

Lucas Clinics last dividend D0 was $1.50. Its current equilibrium stock price is $15.75, and its expected growth rate is a constant 5%. If the stockholders required rate of return is 15%, what is expected total return yield (dividend yield and capital gains yield) for the coming year?

Choice: 5.0%

Choice: 10.0%

Choice: 12.5%

Choice: 15.0%

St John Medical, a surgical equipment manufacturer, has been hit hard by increased competition. Analysts predict that earnings and dividends will decline at a rate of 5% annually into the foreseeable future. If the firms last dividend (D0) was $2.00 and the investors required rate of return is 15%, what will be the companys stock price in three years?

Choice: $8.15

Choice: $0.00

Choice: $20.00

Choice: $12.45

Humans Inc.s last dividend (D0) was $1.12, and its earnings and dividends are expected to increase at a constant growth rate of 12%. Humanas market beta is 1.16. If the current risk-free rate is 5% and the required rate of return on the market portfolio is 12%, what is the companys current expected stock price?

Choice: $95.00

Choice: $100.51

Choice: $111.61

Choice: $118.45