Sym Div Yld % Vol 100s PE LO 52 Weeks Hi Lo Stock 2590 2312 AppalchPwr pf 3480 1550 Disney 4774 31 Duke Engy 2950 1298 JCPenney 64 19 Xerox DIS DUK JCP XRX 1.82 ?? 21 .7 1.10 3.4 .50 2.28 .80 3.1 141 13 51 238 2380 82305 2330 2233 12476 334 3280 151882 2200 2069 98903 ?? ?? Net Close Chg 231 +.13 2314 +.59 3314 +10 2097 +.13 -.13 13 ?? 22. Stock Valuation. Investors expect that Disney will have a 6 percent growth rate in dividends for the foreseeable future. What is the required return for Disney at the current market price? Does this number seem reasonable? Why or why not? Given your previous answers, how do you reconcile them? 23. Stock Valuation. The growth rate for Duke Energy dividends is 2 percent. What is the required return for investors? Does this number seem low? Why do you think this is