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You own stock in Blue Steak Inc. The stock just paid a dividend of $55.00. Dividends are paid quarterly. You expect dividends to grow at
You own stock in Blue Steak Inc. The stock just paid a dividend of $55.00. Dividends are paid quarterly. You expect dividends to grow at a rate of 1.40% on a quarterly basis. The required return on the stock on a quarterly basis is 3.70%. Round dollar amounts to the nearest penny in your calculations.
1) The current ex dividend price of the stock is
2) The price of the stock just before it went ex dividend is
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