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Columbus Incorporated just paid $4.0 per share dividend yesterday (1.e,D0). The dividend is expected to grow at a constant rate of 4% a year. The

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Columbus Incorporated just paid $4.0 per share dividend yesterday (1.e,D0). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, r, is 13\%. What is the value per share of the company's stock? Round your answer to two decimal places. Your Answer: Answer Question 10 (4 points) Fly High Co. is expected to pay a $1.8 per share dividend at the end of the year ((1D1). The dividend is expected to grow at a constant rate of 2% a year. The required rate of return on the stock, r, is 9%. What is the value per share of the company's stock? Round your answer to two decimal places Your Answer: Answer Question 11 (4 points) Campbell Manufacturing's stock currently sells for $23,77 a share. The stock just paid a dividend of $350 a share (1,D0). The dividend is expected to grow at a constant rate of 9% a year What stock price is expected one year from now (P1) ? Round your answer to two decimal places. Your Answer: Columbus Manufacturing's stock currently sells for $24.38 a share The stock just paid a dividend of $2 a share (1,1,D0=2). The dividend is expected to grow at a constant rate of 4% a year. What is the required rate of return on the company's stock? Express your answer in percentage, and round it to two decimal places, 1,13.54, for example for 0.1354 ) Your Answer: Answer Question 13 (4 points) Columbus Pet Products has preferred stock outstanding which pays a dividend of $4 at the end of each year The preferred stock sells for $38.50 a share. What is the preferred stock's required rate of return? Answer in a percentage and round it to two decimal places, i.e., 13.24 for 0.1324. Your Answer: Answer Question 14 (4 points) A company, GameMore, has just paid a dividend of $3 per share, D0=$3, it is estimated that the company's dividend will grow at a rate of 16% percent per year for the next 2 years, then the dividend will grow at a constant rate of 7% thereafter. The company's stock has a beta equal to 1.4. the risk-free rate is 4.5 percent, and the market risk premium is 4 percent. What is your estimate of the stock's current price? Round your answer to two decimal places Your

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