Question: please answer 9-12 using the formulas provided. please dont use excel 9. Bold Betties Inc. currently pays a $2 per share dividend and it is
9. Bold Betties Inc. currently pays a $2 per share dividend and it is expected to grow by 5 percent per year. If the required return on this stock is 11 percent, what is the current stock price? Hint: P0=RgDa(1+g)=kgD1 10. Bold Betties Inc. eurrently pays a $4 per share dividend and it is expected to grow by 2 percent per year. If the required return on this stock is 14 pereent, what is the current stock price? Hint: P0=RgD0(1+g)=RgD1 11. Bold Betties Ine. currently pays a $9 per share dividend and it is expected to grow by 6 percent per year. If the required return on this stock is 16 percent, what is the current stock price? Hint: P0=RgD0(1+g)=RgD1 12. Bold Betties Inc. currently pays a $7 per share dividend and it is expected to grow by 8 percent per year. If the required return on this stock is 14 percent, what is the current stock price? Hint: P0=RgD0(1+g)=RgD1
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