Question: 3. Y & Co will pay $3.40 per share dividend next year. The company pledges to increase its dividend by 4.5% per year indefinitely. If

3. Y & Co will pay $3.40 per share dividend next

3. Y & Co will pay $3.40 per share dividend next year. The company pledges to increase its dividend by 4.5% per year indefinitely. If you require an 11% return on your mvestment, how much will you pay for the company's stock today? 4. PQR Co. is expected to maintain a constant 5.2% growth rate in dividends indefinitely. If the company has a dividend yield of 6.3%, what is the required return on the company's stock? 5. ABC company has an issue of preferred stock outstanding that pays a $4.75 dividend every year in perpetuity. If this issue is currently sells for $93 per share what is the required rate

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