Suppose Nabisco Corporation just issued a dividend of$2.12per share yesterday.Subsequent dividends will grow at a constant rate of6.43%indefinitely.If the required rate of return for this stock is12.91% , what is the value of a share of common stock today?

What is the value of a share of preferred stock that promises to pay$3.82 every year,indefinitely, if you have a required rate of return of13.72% ?

The current price of Janco stock is$24.84 .Dividends are expected to grow at3.52%indefinitely and the most recent dividend paid yesterday was$3.58. Compute the following for Janco stock:

a) The required rate of return:

b) The dividend yield:

c) Capital gains yield:

Magnetic Corporation expects dividends to grow at a rate of15.47%for the next two years.After two years, dividends are expected to grow at a constant rate of6.31% , indefinitely.Magnetic's required rate of return is11.55%and they paid a$2.63 dividend today.Compute the following for Magnetic Corporation's common stock:

a) Dividend at end of year 1 :

b) Dividend at end of year 2 :

c) Dividend at end of year 3 :

d) Price of stock at end of year 2 :

e) Price of stock today :

) What is the total percentage return for an investor who purchased a stock for$8.18 , received$2.34in dividend payments, and sold the stock for$7.64?