Question: please answer question 7 and 14 7. Stock Valuation (LO1) Goulds Corp. pays a constant $9.75 dividend on its stock. The company will maintain this

7. Stock Valuation (LO1) Goulds Corp. pays a constant $9.75 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. If the required return on this stock is 10%, what is the current share price? 14. Non-Constant Growth (LO1) Foxtrap Bearings Inc. is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a $12 pershare dividend in ten years and will increase the dividend by 5% per year thereafter. If the required return on this stock is 13.5%, what is the current share price
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