The next dividend payment by Hot Wings, Inc., will be $3.85 per share. The dividends are anticipated to maintain a 5 percent growth rate forever. Required: If the stock currently sells for $47 per share, what is the required return? 5.00% 8.19% 12.53% 13.19% 12.93% Metroplex Corporation will pay a $5.50 per share dividend next year. The company pledges to increase its dividend by 5.00 percent per year indefinitely. Required: If you require an 12.10 percent return on your investment, how much will you pay for the company's stock today? $77.46 $30.63 $74.37 $80.56 $73.78 Suppose you know a company's stock currently sells for $80 per share and the required return on the stock is 15 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. Required: If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? $6.00 $5.58 $11.16 $6.08 $5.30 Roy's Welding Supplies common stock sells for $22 a share and pays an annual dividend that increases by 6 percent annually. The market rate of return on this stock is 9 percent. What is the amount of the last dividend paid? $0.61 $0.68 $0.84 $0.62 $0.66 The common stock of Auto Deliveries sells for $26.46 a share. The stock is expected to pay $2.00 per share next month when the annual dividend is distributed. Auto Deliveries has established a pattern of increasing its dividends by 4.9 percent annually and expects to continue doing so. What is the market rate of return on this stock? 7.56 percent 10.01 percent 12.46 percent 14.91 percent 17.36 percent Miller Brothers Hardware paid an annual dividend of $1.65 per share last month. Today, the company announced that future dividends will be increasing by 3.20 percent annually. If you require a 8.4 percent rate of return, how much are you willing to pay to purchase one share of this stock today? $53.21 $31.10 $34.40 $51.56 $32.75 The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.40 per share on its stock. The dividends are expected to grow at a constant rate of 7 percent per year indefinitely. If investors require an 14 percent return on The Jackson-Timberlake Wardrobe Co. stock, the current price is $ _____. The price will be $ _____ in 15 years. (Do not include the dollar signs ($). Round your answers to 2 decimal places. (e.g., 32.16))