RTF$,$ Inc. common stock sells for $$22$ a share and pays an annual dividend that increases by $3\mathrm{.}8\%$ annually. The market rate of return on this stock is $8\mathrm{.}2\%.$ What is the amount of the last dividend paid?

$$0\mathrm{.}88$

$$0\mathrm{.}90$

$$0\mathrm{.}93$

$$0\mathrm{.}97$

Wilbert's Clothing Stores just paid a $$1\mathrm{.}20$ annual dividend. The company has a policy whereby the dividend increases by $2\mathrm{.}5\%$ annually. You would like to purchase $100$ shares of stock in this firm but realize that you will not have the funds to do so for another three years. If you desire a $10\%$ rate of return, how much should you expect to pay for $100$ shares when you can afford to buy this stock? Ignore trading costs.

$$1640$

$$1681$

$$1723$

$$1766$

ABC stock closed yesterday at a price of $$39\mathrm{.}80$ a share. The price today was down by $$2\mathrm{.}10.$ ABC pays a $$0\mathrm{.}48$ annual dividend which has remained constant for five years. What is the current dividend yield today?

$($A$)1\mathrm{.}21\%$

$1\mathrm{.}27\%$

$1\mathrm{.}31\%$

$1\mathrm{.}33\%$