Question: please post just the answer thank you Return to question 11 You've collected the following information from your favorite financial website. 52-Week Price 10 points

 please post just the answer thank you Return to question 11

please post just the answer thank you

Return to question 11 You've collected the following information from your favorite financial website. 52-Week Price 10 points 77.40 Lo 10.43 Div PE Yld % Ratio 2.6 6 3.8 10 Close Price 13.90 40.43 Net Chg -24 55.81 33.42 -.01 Stock (Div) Palm Coal .36 Lake Lead Grp 1.54 SIR 2.50 DR Dime.80 Candy Galore .32 131.03 50.24 35.00 70.00 13.95 20.74 2.8 5.2 1.5 10 6 28 89.07 15.43 ?? 3.07 -.26 .18 According to your research, the growth rate in dividends for SIR for the next five years is expected to be 20.5 percent. Suppose SIR meets this growth rate in dividends for the next five years and then the dividend growth rate falls to 5.5 percent indefinitely. Assume investors require a return of 15 percent on SIR stock. According to the dividend growth model, what should the stock price be today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Current stock price 0.33 X Based on these assumptions, is the stock currently overvalued, undervalued, or correctly valued? Answer is not complete. Stock currently

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