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You've collected the following information from your favorite financial websit 52-Week Price 77.40 55.81 130.93 50.24 36.00 Lo 10.43 33.42 69.50 13.95 20.84 Div Yld

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You've collected the following information from your favorite financial websit 52-Week Price 77.40 55.81 130.93 50.24 36.00 Lo 10.43 33.42 69.50 13.95 20.84 Div Yld PE Close Stock (Div) % Ratio Price Palm Coal.36 2.6 6 13.90 Lake Lead Grp 1.54 3.8 10 40.43 SIR 2.00 2.2 10 88.97 DR Dime .80 5.2 6 15.43 Candy Galore 0.42 1.5 28 ?? a. Using the dividend yield, calculate the closing price for Candy Galore on ti not round intermediate calculations and round your answer to 2 decima e.g., 32.16.) b. Assume the actual closing price for Candy Galore was $27.69. Your resear a 4 percent dividend growth rate for Candy Galore. What is the required re stock using the dividend discount model and the actual stock price? (Don intermediate calculations and enter your answer as a percent rounded t places, e.g., 32.16.) a. Stock price b. Required return %

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