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You've collected the following information from your favorite financial website Requirement 1: Using the dividend yield, calculate the closing price for Candy Galore on this

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You've collected the following information from your favorite financial website Requirement 1: Using the dividend yield, calculate the closing price for Candy Galore on this day (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Requirement 2: Assume the actual closing price for Candy Galore was $32 36 Your research protects a 4 50 percent dividend growth rate for Candy Galore What is the required return for the stock using the dividend discount model and the actual stock price? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g.. 32.16).)

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