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Need the answers for 9 and 10 9) The Busby Corporation had a share price at the start of t the end of the year,

Need the answers for 9 and 10 image text in transcribed
9) The Busby Corporation had a share price at the start of t the end of the year, and had a share price of $29.50 at the end of the year. Which of the following is closest to the rate of return of investments in companies with equal risk to The Busby Corporation for this period? PLEASE SHOW THE CALCUALTION TO ARRIVE AT THE ANSWER. Answer: e year of $26.10, paid a dividend of so.59 at SOLUTION: 10) A stock is expected to pay $0.70 per share every year indefinitely. If the current price of the stock is $18.90, and the equity cost of capital for the company that released the shares is 7.9%, what price would an investor be expected to pay per share five years into the future? Answer OLUTION

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