Question: Grateful Eight Co. is expected to maintain a constant 3.6 percent growth rate in its dividends indefinitely. If the company has a dividend yield of



Grateful Eight Co. is expected to maintain a constant 3.6 percent growth rate in its dividends indefinitely. If the company has a dividend yield of 5.4 percent, what is the required return on the company's stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return % Bedeker, Inc., has an issue of preferred stock outstanding that pays a $3.15 dividend every year in perpetuity. If this issue currently sells for $92 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return % Mannix Corporation stock currently sells for $82 per share. The market requires a return of 10.2 percent on the firm's stock. If the company maintains a constant 3.1 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Dividend paid per share
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