The common stock of Roya Inc. has a required return of 8% and a current market price of $55. The company pays its dividend annually and increases its amount by 4% each year. You own 505 shares of this stock. What was the approximate total amount of the last dividend you received? Hint: you need to find the expected dividend first. $1,068. $1,081. $1,111. $0. $2,778. You purchased 3 call options and 4 put options on BMI stock at the strike price of $20. You paid $400 in total to buy these options. The current stock price is $22. If you decide to exercise those options which are in the money, what will be your return (in dollars)? Hint: remember each option gives you the right to buy or sell 100 units of underlying asset. $200. $300. We need to know the options premium for call and put individually. $100. $400. $100. $0. $200. Fix it Yourself just paid $5 dividends. The company is growing very fast; therefore, they are expecting to increase their dividend payments by 20% over the next 5 years and then they will pay a fixed amount of payment for the unforeseen future. What would be the appropriate stock price if the discount rate is 5% ? $223.20.$248.83.$232.95.$200.34.$100.00.$82.94