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Walker Inc. just paid a dividend of $2.25 per share. Management has stated that they plan to make annual dividend increases of 4.0% indefinitely. Investors
Walker Inc. just paid a dividend of $2.25 per share. Management has stated that they plan to make annual dividend increases of 4.0% indefinitely. Investors rate of return on Walker's stock of 13.00%. What is the current stock price? (round to 2 decimals) Question 5 Total Works Co. Inc. is a technology company that is experiencing rapid growth. The company just paid its first dividend of $1.25 per share in the current year Given its rapid growth it expects to have the following annual dividend increases: In each of the next two years 30% annual increase Thereafter a constant annual increase rate 6.0% Investors believe the company to be risky and require a rate of return of 13% on its stock. What is the company's current share price? $32.89 $18.34 $20.74 $28.14
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