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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 | |||||
77.40 | 10.43 | Acevedo .36 | 2.6 | 6 | 13.90 | .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 |
50.28 | 13.99 | Manta Energy .84 | 5.4 | 6 | 15.47 | .26 |
35.00 | 20.74 | Winter Sports .32 | 1.5 | 28 | ?? | .18 |
According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 14 percent. If investors feel this growth rate will continue, what is the required return for the stock?
Note: A negative answer should be indicated by a minus sign. 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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