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.
I'm stuck on these. Please help with a good explanation. Question 3

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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!