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Steady As She Goes Inc. will pay a year-end dividend of $3.60 per share. Investors expect the divided to grow at a rate of 4%

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Steady As She Goes Inc. will pay a year-end dividend of $3.60 per share. Investors expect the divided to grow at a rate of 4% indefinitely. If the stock currently sells for $36 per share, what is the expected rate of return on the stock? (Do not round intermediate calculations. Enter your answer as a whole percent.) If the expected rate of return on the stock is 16.5%, what is the stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Eastern Electric currently pays a dividend of about $1.95 per share and sells for 532 a share If investors believe the growth rate of dividends is 4% per year, what rate of return do they expect to earn on the stock? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) If investors' required rate of return is 12%, what must be the growth rate they expect of the firm? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) If the sustainable growth rate is 4% and the plowback ratio is .2, what must be the rate of return earned by the firm on its new investments? (Enter your answer as a percent rounded to 2 decimal places.)

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