Question: Please show work/steps with a formula or excel. Find both the arithmetic growth rate and the geometric growth rate of the dividends for Brantley's Service
Please show work/steps with a formula or excel.
Find both the arithmetic growth rate and the geometric growth rate of the dividends for Brantley's Service Centers. Assuming the January 1, 2011 price of the stock is $130.00, determine the current required rate of return for the company (use the geometric growth rate to calculate the required return.) Year Dividend 2001 $8.28 2002 $8.61 2003 $8.95 2004 $9.67 2005 $10.44 2006 $11.28 2007 $11.73 2008 $12.67 2009 $13.68 2010 $14.23 What is the arithmetic growth rate of the dividends for Brantley's Service Centers? % (Round to two decimal places.) What is the geometric growth rate of the dividends for Brantley's Service Centers? % (Round to two decimal places.) What is the required rate of return for Brantley's Service Centers? % (Round to two decimal places.)
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