Using the information given, answer the questions below

Financial review continued v Earnings A summary of the differences between reported Adjusted EBIT and income attributable to equity holders, wcluding significant items, is set out in the following table 106 trance and companielvart materials and joint venture 14 5.765 2,442 O Income table to equility holders of the Parent pre-significant items Significant me 29 46 148 2045 200 12.346 (404) . Total significant items Los income true to quity holders of the Parent Cash flow and not finding debt Netfanding 1045 02.04 12.00 14.30 to borrowings per financial statements Proportionatement-net funding Chand casheuves et funding Cash and non-cash movements in net funding Cho typerating before working capital changes nement Add ATDA Odeon.cw Induded within ITDA 11.12.2019 121200 11.20 10300 68 2014 166 7,865 11.95 Fands from operations 2.779 16,90 12 Cach movement in net funding (2.23 Total movement in het funding Net funding, endu 14.01 100 117.556 Nedband 2019 2018 Change Highlights US$ million Key statement of Income and cash flows Highlight Netloss/income attributable to equity holders Adjusted EBITDA Adjusted EBIT (Losamnings per share (Basic) (US$) Funds from operations (FFOP Cash generated by operating activities before working capital changes Not purchase and sale of property.plant and equipment 1404 60 4.151 10.03) 7,865 10,346 4,966 3408 15,767 9343 024 11.595 13,210 4,899 (112) (26) (55) (12) 21 221 1 31.12.2019 3.12.2018 Change US$ million Key financial position highlights: Total assets Net fundinga Net dat Ratios FFO to Net debt Nat debt to Adunted EBITOR 124,076 34 366 17.556 128,672 372 138 14.710 181 7 19 78.8 44.87 1.5TX Adjusted EBITDA/EBIT Acusted EBITDA by business segment is as follows 2019 Marketing Industrial activities activities 1,169 5.555 1,515 1.854 67 (5) Total 2,637 8,964 Adjusted EBITDA 6,724 S.369 1492 11.601 Strategisport 122 15,278 15.12 12:45 EB 2019 Marketing Industrial activities activities 2016 328 224 50 2,366 1,795 Adjusted EBIT 2105 759 Total 4,151 4. Ch 8: Stock Valuation. Considering a dividend growth rate of 8%, find the most recent closing monthly stock price. Use the link below to find information about your company's dividend: https://ca.finance.yahoo.com/ a) Locate the most recent annual dividend for your selected company and calculate the dividend yield. b) Using your answer from a) and the 8 percent dividend growth rate. What is the required return for shareholders? c) Suppose instead that you know that the required return is 15 percent. What price should your selected company stock sell for now? d) What do you conclude from the above information? Financial review continued v Earnings A summary of the differences between reported Adjusted EBIT and income attributable to equity holders, wcluding significant items, is set out in the following table 106 trance and companielvart materials and joint venture 14 5.765 2,442 O Income table to equility holders of the Parent pre-significant items Significant me 29 46 148 2045 200 12.346 (404) . Total significant items Los income true to quity holders of the Parent Cash flow and not finding debt Netfanding 1045 02.04 12.00 14.30 to borrowings per financial statements Proportionatement-net funding Chand casheuves et funding Cash and non-cash movements in net funding Cho typerating before working capital changes nement Add ATDA Odeon.cw Induded within ITDA 11.12.2019 121200 11.20 10300 68 2014 166 7,865 11.95 Fands from operations 2.779 16,90 12 Cach movement in net funding (2.23 Total movement in het funding Net funding, endu 14.01 100 117.556 Nedband 2019 2018 Change Highlights US$ million Key statement of Income and cash flows Highlight Netloss/income attributable to equity holders Adjusted EBITDA Adjusted EBIT (Losamnings per share (Basic) (US$) Funds from operations (FFOP Cash generated by operating activities before working capital changes Not purchase and sale of property.plant and equipment 1404 60 4.151 10.03) 7,865 10,346 4,966 3408 15,767 9343 024 11.595 13,210 4,899 (112) (26) (55) (12) 21 221 1 31.12.2019 3.12.2018 Change US$ million Key financial position highlights: Total assets Net fundinga Net dat Ratios FFO to Net debt Nat debt to Adunted EBITOR 124,076 34 366 17.556 128,672 372 138 14.710 181 7 19 78.8 44.87 1.5TX Adjusted EBITDA/EBIT Acusted EBITDA by business segment is as follows 2019 Marketing Industrial activities activities 1,169 5.555 1,515 1.854 67 (5) Total 2,637 8,964 Adjusted EBITDA 6,724 S.369 1492 11.601 Strategisport 122 15,278 15.12 12:45 EB 2019 Marketing Industrial activities activities 2016 328 224 50 2,366 1,795 Adjusted EBIT 2105 759 Total 4,151 4. Ch 8: Stock Valuation. Considering a dividend growth rate of 8%, find the most recent closing monthly stock price. Use the link below to find information about your company's dividend: https://ca.finance.yahoo.com/ a) Locate the most recent annual dividend for your selected company and calculate the dividend yield. b) Using your answer from a) and the 8 percent dividend growth rate. What is the required return for shareholders? c) Suppose instead that you know that the required return is 15 percent. What price should your selected company stock sell for now? d) What do you conclude from the above information