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In one year, a company will pay its annual dividend of $2.44 per share. Then, the company will grow its dividends by 3 percent per
In one year, a company will pay its annual dividend of $2.44 per share. Then, the company will grow its dividends by 3 percent per year indefinitely. Investors require a 15 percent return. What is the current stock price? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the answer. Question 12 4 pts A company pays a constant annual dividend of $3.28 per share. How much would you pay for 1 share of stock if you require a return of 13 percent? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the answer. Question 13 4 pts A project has the following cash flows: -12,171 in year 0, 31,494 in year 1, 36,284 in year 2, and 38,301 in year 3 . What is the net present value (NPV) of the project if the required return is 12 percent? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the
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