Question
Question 12 1pts Corvallis Industries just paid a dividend of $1.25 per share. The dividends are expected to grow at a rate of 15
Question 12\
1pts
\ Corvallis Industries just paid a dividend of
$1.25
per share. The dividends are expected to grow at a rate of 15 percent for the next four years and then level off to a growth rate of 4 percent indefinitely. If the required return is 12 percent, what is the value of the stock today?\ 21.42\ 23.41\ 24.22\ 27.81\ Question 13\ 1 pts\ Blue Acre Heavy Industries has had the following earnings over the last few years. (See table). What is the expected earnings for 2023 assuming the earnings will grow at the average rate?\
[[ Year Earnings ,],[2018,6.25],[2019,6.75],[2020,6.98],[2021,7.15],[2022,7.35]]
\ 7.99\ 7.56\ 7.66\ 7.35
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