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Youve collected the following information from your favorite financial website. 52-Week Price Stock (Dividend) Dividend Yield % PE Ratio Close Price Net Change Hi Lo
Youve collected the following information from your favorite financial website.
52-Week Price | Stock (Dividend) | Dividend Yield % | PE Ratio | Close Price | Net Change | |
---|---|---|---|---|---|---|
Hi | Lo | |||||
78.10 | 10.50 | Acevedo .43 | 2.9 | 6 | 14.60 | .24 |
55.81 | 33.42 | Georgette, Incorporated 1.54 | 3.8 | 10 | 40.43 | .01 |
130.93 | 69.50 | YBM 2.00 | 2.2 | 10 | 88.97 | 3.07 |
50.24 | 13.95 | Manta Energy .80 | 5.2 | 6 | 15.43 | .26 |
35.00 | 20.74 | Winter Sports .32 | 1.5 | 28 | ?? | .18 |
According to analysts, the growth rate in dividends for Acevedo for the previous 10 years has been 4.25 percent. If investors feel this growth rate will continue, what is the required return for the company's stock?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
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