Using the dividend yield, calculate the closing price for Tootsie Roll on this day. The actual closing

Question:

Using the dividend yield, calculate the closing price for Tootsie Roll on this day. The actual closing 2009 price for Tootsie Roll was $21.02. Why is your closing price different? The Value Line Investment Survey projects a 4 percent dividend growth rate for Tootsie Roll. What is the required return for the stock using the dividend discount model and the actual stock price? 52-Week Price Hi Close Div Yld % 2.5 3.7 2.3 5.2 PE Net Stock (Div) Chg Ratio Price 10.43 33.42 ArchCoal 0.36 LacledeGrp

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...