The market price of a stock is $21.50 and it just paid a dividend of $1.23. The required rate of return is 11.55%. What is the expected growth rate of the dividend?

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Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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#2

The market price of a stock is $22.96 and it is expected to pay a dividend of $1.93 next year. The required rate of return is 11.69%. What is the expected growth rate of the dividend?

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Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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#3

A stock just paid a dividend of $1.48. The dividend is expected to grow at 29.38% for three years and then grow at 4.33% thereafter. The required return on the stock is 12.16%. What is the value of the stock?

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Answer format: Currency: Round to: 2 decimal places.

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#4

A stock just paid a dividend of $1.21. The dividend is expected to grow at 25.83% for five years and then grow at 4.51% thereafter. The required return on the stock is 13.04%. What is the value of the stock?

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Answer format: Currency: Round to: 2 decimal places.