SHOW YOUR CALCULATIONS

Enrite Gas recently paid a $4.75 annual dividend on its common stock, which is expected to increase at an average rate of 3.5% per year. If the stock is currently trading for $39.33 per share, what is its market rate of return?

Town Bagel common stock sells for $65 a share and pays an annual dividend that increases by 4% annually. The market rate of return on this stock is 14%. What is the amount of the last dividend paid?

Erie Health Care common stock offers an expected total return of 9.5%. The last annual dividend was $2.10 a share and dividends are expected to increase at a constant 3.5% percent per year. What is the dividend yield?

The preferred stock of AKA Enterprises pays an annual dividend of $8.50 and sells for $70.25 a share. What is the rate of return on this security?