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Stock Quotes Using the dividend yield, calculate the closing price for Walt Disney on this day. The actual closing price for Walt Disney was $108.85.

Stock Quotes Using the dividend yield, calculate the closing price for Walt Disney on this day. The actual closing price for Walt Disney was $108.85. Why is your closing price different? The Value Line Investment Survey projects a 4 percent dividend growth rate for Walt Disney. What is the required return for the stock using the dividend discount model and the actual stock price?

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52-Week Price Hi Lo Net Chg 64.60 145.94 171.13 91.80 113.19 47.80 70.28 139.13 71.96 96.20 Stock (Div) Abbott 1.12 Ralph Lauren 2.50 IBM 6.30 Duke Energy 3.56 Disney 1.68 Div Yld % 1.9 1.8 4.3 4.9 1.7 PE Ratio 235.6 70.9 23.8 17.6 15.5 Close Price 62.91 139.71 145.39 74.30 ?? -.05 -.62 .19 .84 .10

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