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EC300 Homework 6 (Due date: Thursday, October 15) 1. Nofal Corporation will pay a $3.65 per share dividend next year. The company pledges to increase

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EC300 Homework 6 (Due date: Thursday, October 15) 1. Nofal Corporation will pay a $3.65 per share dividend next year. The company pledges to increase its dividends by 5.1% per year, indefinitely. If you require a return of 12% on your investment, how much will you pay for the company's stock today? 2. The next dividend payment by Wyatt, Inc., will be $2.30 per share. The dividends are anticipated to maintain a growth rate of 4.5% forever. If the stock currently sells for $39.85 per share, what is the required return

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