Question: 1. A constant dividend growth stock just declared a dividend of $1.42 paid annually. If the growth rate is 5.62% and the required rate is
1. A constant dividend growth stock just declared a dividend of $1.42 paid annually. If the growth rate is 5.62% and the required rate is 10.90%, what is the price of the stock.
2.
A company's stock is selling for $35. The company's declared quarterly dividend is $0.75, and its rate of capital gains is expected to be 6% annually. What is the company's expected rate of return?
Group of answer choices
14.7%
3.7%
8.2%
32.7%
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