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per share B D E F G H I J 1 6. Consider the following dividend and price data for Chrys (4 p) Year-end Dividend

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per share B D E F G H I J 1 6. Consider the following dividend and price data for Chrys (4 p) Year-end Dividend Year Growth rate 2 stock price 3 1986 0. 40 4. 1987 0.50 25.00% 5 1988 0.50 0.00% 6 1989 0.60 20.00% 7 1990 0.60 0.00% 8 1991 0. 30 -50.00% 9 1992 0.30 0.00% 10 1993 0. 33 10.00% 11 1994 0.45 36. 36% 12 1995 1. 00 122. 22% 13 1996 35. 00 1. 40 40.00% 14 15 Use the Gordon Model to calculate Chrysler's cost of equity at the end-1996 on the basis of dividends only. 16 Show the fornlulas in the orange section referencing the cells in turquoise. 17 18 19

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