Question: answer all three question and put the correct answer format (decimal place) and show step by step answer The market price of a stock is
The market price of a stock is $24.30 and it is expected to pay a dividend of $1.49 next year. The required rate of return is 11,50\%. What is the expected growth rate of the dividend? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, 5 sign noquind. Wa accopt decimai format rounded to 4 decimal places (02:0.0924)) A stock just paid a dividend of $2.67. The dividend is expected to grow at 28.75% for thee years and then grow at 3.59% thereafter. The required return on the stock is 11.54%. What is the value of the stock? Answer format: Currency: Aound to: 2 decimal places. A stock just paid a dividend of $2.67. The dividend is expected to grow at 21.73% for five yaars and than grow at 3.60% thereafter. The required return on the stock is 11.51%. What is the value of the stock? Answer format: Currency: Round to: 2 docimal places
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