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Question 9 Not yet answered Points out of 1.00 P Flag question AZX Corp. just paid a dividend of $1.32 per share. The dividends are
Question 9 Not yet answered Points out of 1.00 P Flag question AZX Corp. just paid a dividend of $1.32 per share. The dividends are expected to grow at 12 percent for the next eight years and then level off to a growth rate of 2.5 percent indefinitely. If the required return is 8 percent, what is the price of the stock today? Select one: O A. $28.85 O B. $60.91 O C. $64.18 O D. $45.39 O E. $52.87 Question 3 Answer saved Points out of 1.00 P Flag question Suppose you know that a company's stock currently sells for $44 per share and the required return on the stock is 9.2 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? Select one: O A. $2.02 O B. $1.93 O C. $4.60 O D. $2.11 O E. $2.37
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