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Please help with this question Yesterday, September 22, 2012, Wireless Logic Corp. (WLC) paid its annual dividend of $1.25 per share. Because WLC's financial pros
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Yesterday, September 22, 2012, Wireless Logic Corp. (WLC) paid its annual dividend of $1.25 per share. Because WLC's financial pros believe that the company will increase its dividend by 20% per year for the next four years. After that, investors believe WLC will increase the dividend at a modest annual rate of 4%. Investors require a 16 % return on WLC stock, and WLC always makes its dividend payment on September 22 of each year. a. What is the price of WLC stock on September 23, 2012? b. What is the price of WLC stock on September 23, 2013? c. Calculate the percentage change in price of WLC stock from September 23, 2012, to 6. pects are particularly bright, investors 2 September 23, 2013. For an investor who purchased WLC stock on September 23, 2012, received a dividend on September 22, 2013, and sold the stock on September 23, 2013, what was the total rate of return on the investment? How much of this return came from the dividend, and how much came from the capital gain? What is the price of WLC stock on September 23, 2016? What is the price of WLC stock on September 23, 2017? 8 d. e. f. 2 Step by Step Solution
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