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Werk & Chs File Edit View Favorites Tools Help connect Week 8 Ch8 4666points Problem 8-6 Stock Valuation [Lo1 Suppose you know that a company's

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Werk & Chs File Edit View Favorites Tools Help connect Week 8 Ch8 4666points Problem 8-6 Stock Valuation [Lo1 Suppose you know that a company's stock curently sells for $55 per share and the required returnm on the stock is 8 percent. You also know that the total return on the stock is evenly divided betaween a capital gains yield and a dividend yield If it's the company's a policy to always maintain a constant growth rate in its intenmediate calculations and round dividends, what is the current dividend per share? (Do not round your answer to 2 decimal places, o.g., 32.16.) Current dividend per share References eBook & Resources 8.1 Difficulty Basic Worksheet Valuation Learning Objective 08-01 How stock Problem 8-6 Stock L01] prices depend on future dividends and TOSHIBA 4

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