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LO1 20. You've collected the following information from your favorite financial website. Use it to answer Questions 21-25 (the 52-week Hi and Lo are the
LO1 20. You've collected the following information from your favorite financial website. Use it to answer Questions 21-25 (the 52-week Hi and Lo are the highest and lowest stock prices over the previous 52 weeks). Finding the Dividend Matterhorn Corporation stock currently sells for $49 per share. The market requires a return of 11 percent on the firm's stock. If the company maintains a constant 3.5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? 52-Week Price Lo Hi 64.60 47.80 145.94 70.28 181.19 143.13 82.56 64.13 113.19 96.20 LO1 21. LO1 22. Stock (Div) Acevedo 1.12 Georgette, Inc. 2.50 YBM 6.45 Manta Energy 3.12 Winter Sports 1.57 Div Yld % 1.9 2.1 3.9 4.3 1.9 PE Ratio 35.6 70.9 23.8 17.6 15.5 Close Price 62.91 118.64 165.39 72.56 jQuery22406561338481864472_1659941677136 Net Chg -.05 -.62 19 .84 .10 Dividend Yield Find the quote for Manta Energy. Assume that the dividend is constant. What was the highest dividend yield over the past year? What was the lowest dividend yield over the past year? Page 238 Stock Valuation According to analysts, the growth rate in dividends for YBM for the next five years is expected to be 8 percent. Suppose YBM meets this growth rate in dividends for the next five years and then the dividend growth rate falls to
please solve #20 and #23 i tried 4 times and cant get it right! please help
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