You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 3.5 percent indefinitely. The company just paid a dividend of $3.74 and you feel that the required return on the stock is 12.1 percent. What is the price per share of the company's stock?

The common stock of Sweet Treats is selling for $53.75 per share. The company is expected to have an annual dividend increase of 4.2 percent indefinitely and pay a dividend of $4.20 in one year. What is the total return on this stock?

Ghost Riders Co. has an EPS of $1.46 that is expected to grow at 6.6 percent per year. If the PE ratio is 17.25 times, what is the projected stock price in 5 years?