Using Yahoo! Finance (finance.yahoo.com/) and ticker symbol PEP, find PepsiCos historical dividend payment and current price. Historical

Question:

Using Yahoo! Finance (finance.yahoo.com/) and ticker symbol PEP, find PepsiCo’s historical payment and current price. Historical dividends are available in the historical price section. Use these payments to find the annual growth rate. (If you have a quarterly pattern be sure to annualize this quarterly growth rate.) Now, find the required rate of return for this stock, assuming that the future growth rate will remain the same and the company has an infinite horizon. Does this return seem reasonable for PepsiCo?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...