Question: need help with 4 and 5 Question 4 (1 point) Hall & Marks is expected to pay a $1.90 per share dividend at the end
Question 4 (1 point) Hall & Marks is expected to pay a $1.90 per share dividend at the end of the year (that is, D1 = $1.90). The dividend is expected to grow at a constant rate of 6% a year. The required rate of return on the stock, rs, is 8%. What is the stock's current value per share? (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00) Your Answer: Answer Question 5 (1 point) Hall & Marks just paid a $1.50 per share dividend yesterday.(that is, Do = $1.50). The dividend is expected to grow at a constant rate of 3% a year. The required rate of return on the stock, rs, is 11%. What is the stock's current value per share? (Answer to the nearest cent. i.e. one thousand dollars would be entered 1000.00)
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