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Using Yahoo! Finance (http://finance.yahoo.com/) and ticker symbol PEP, find PepsiCos historical dividend payment and current price. Historical dividends are available in the historical price section.

Using Yahoo! Finance (http://finance.yahoo.com/) and ticker symbol PEP, find PepsiCos historical dividend payment and current price. Historical dividends are available in the historical price section. Use these payments to find the annual dividend growth rate. (If you have a quarterly pattern be sure to annualize this quarterly growth rate.) Now, find the required rate of return for this stock, assuming that the future dividend growth rate will remain the same and the company has an infinite horizon. Does this return seem reasonable for PepsiCo?

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