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Suppose currently Facebook's common stock is selling for $230. If the company gave $2.12 dividend this year and it plans to grow the dividend by

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Suppose currently Facebook's common stock is selling for $230. If the company gave $2.12 dividend this year and it plans to grow the dividend by 7% every year. Given the information what is the market's required rate of return for the stock? (Round your answer to two decimal points) Suppose you want to own some Ford's preferred stocks. If the stock gives $3 dividend per year and you require a 15% return on your investment, how much are you willing to pay for the stock? (Round your answer to two decimal point) Suppose Academy pays a dividend of $1.13 and is currently selling for $140. If investors require a 5% return on their investment from buying the stock, what growth rate would Academy have to provide the investors on it dividend? (Round your answer to two decimal

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