Lo You've collected the following information from your favorite financial website. 52-Week Price Hi Dividend Stock...

Transcribed Image Text:

Lo You've collected the following information from your favorite financial website. 52-Week Price Hi Dividend Stock (Dividend) Yield % PE Ratio Close Price Net Change 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 55.81 130.93 33.42 Georgette, Incorporated 1.54 3.8 10 40.43 -.01 69.50 YBM 2.00 2.2 10 88.97 3.07 50.30 14.01 Manta Energy .86 35.00 20.74 Winter Sports .32 5.6 1.5 6 28 15.49 ?? -.26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 12 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. Required return % Lo You've collected the following information from your favorite financial website. 52-Week Price Hi Dividend Stock (Dividend) Yield % PE Ratio Close Price Net Change 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 55.81 130.93 33.42 Georgette, Incorporated 1.54 3.8 10 40.43 -.01 69.50 YBM 2.00 2.2 10 88.97 3.07 50.30 14.01 Manta Energy .86 35.00 20.74 Winter Sports .32 5.6 1.5 6 28 15.49 ?? -.26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 12 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. Required return %

Answer rating: 100% (QA)

To calculate the required return for the stock of Manta Energy you can use the Dividend Disco... View the full answer