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TP1 Company common stock is currently selling for $80 Industry analysts arc- forecasting a dividend of S4 60 for next year and a growth rate

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TP1 Company common stock is currently selling for $80 Industry analysts arc- forecasting a dividend of S4 60 for next year and a growth rate of 8 percent per year for the foreseeable future What is the expected annual rate of return for the stock"? 8.06% 13 75 15 28% 5.75% 14.21% In one year. Hitech Microdevices will pay a common stock dividend of $4 35 You predict that you will be able to sell your Hitech stock for $57 per share after 1 year It you require a rate of return of 16 percent on Hitech stock, how much would you be willing to pay now for a share of the stock ? $45 39 $49 14 $53.49 $52.89 $71 17 Rosen Fashions' common stock recently paid a dividend of $2.75. Investors require a 18 degree o rate of return on this stock Rosen earns a 30% return on equity The firm pays 55% of its earnings as dividends. and reinvests 45% of earnings in the firm What is the value of the stock ? $61 $15 $69 $17 $208 Clayton Corporation common stock is expected to pay a dividend of $2 95 in one year company earnings and dividends are expected to grow at an annual rate of 9 percent If you can buy this stock for $34.71. what is your expected return? 9.3 % 18.3% 8.5% 17.5% 34 6%

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