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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 | |||||
78.00 | 10.49 | Acevedo .42 | 2.9 | 6 | 14.50 | .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 | ??question mark | .18 |
According to analysts, the growth rate in dividends for Acevedo for the previous 10 years has been 4 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.
required return __________%
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