Question: I'm stuck on these. Please help with a good explanation. Question 3 1 pts A stock costs $30.7 and will pay a dividend of $6.65
I'm stuck on these. Please help with a good explanation.
Question 3 1 pts A stock costs $30.7 and will pay a dividend of $6.65 that will grow at 7.5% per year. What is the dividend yield? (Enter the answer in % format without % sign -> 20.51 and not 20.51% or 0.2051) 1 pts Question 4 Loser Inc. will pay a dividend of $3.51 per share on its common stock at the end of this year. If the expected long-term growth rate for this company is -4.97% and investors require a 7.16% rate of return, what is the price of ABC Inc. stock
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