1. Suppose Nabisco Corporation just issued a dividend of $1.17 per share yesterday. Subsequent dividends will grow at a constant rate of 3.42% indefinitely. If the required rate of return for this stock is 10.79%, what is the value of a share of common stock today? Once you have completed all calculations, please round your answer to two decimal places.

2. The current price of Janco stock is $19.33 . Dividends are expected to grow at 4.32% indefinitely and the most recent dividend paid yesterday was $3.82. Compute the following for Janco stock: Please write answers as a percentage (e.g. .1234 should be written as 12.34):

1. The required rate of return: %
2. The dividend yield: %
3. Capital gains yield: %

3. A stock has monthly returns of 2.58%, 2.98% , -0.83% , and 1.01%. What is the stock's geometric average return? Please write answer as a percentage (e.g. .1234 should be written as 12.34).