The dividend yield is defined as: Multiple Choice

The dividend yield is defined as: Multiple Cbolce Derry Corporation is expected to have an EBIT of $2,750,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $210,000,$115,000, and $215,000, respectively. All are expected to grow at 20 percent per year for four years. The company currently has $16,000,000 in debt and 825,000 shares outstanding. After Year 5 , the adjusted cash flow from assets is expected to grow at 2.6 percent, indefinitely. The company's WACC is 8.9 percent and the tax rate is 21 percent. What is the price per share of the company's stock? Please show your work for this question. The dividend yield is defined as: Multiple Cbolce Derry Corporation is expected to have an EBIT of $2,750,000 next year. Depreciation, the increase in net working capital, and capital spending are expected to be $210,000,$115,000, and $215,000, respectively. All are expected to grow at 20 percent per year for four years. The company currently has $16,000,000 in debt and 825,000 shares outstanding. After Year 5 , the adjusted cash flow from assets is expected to grow at 2.6 percent, indefinitely. The company's WACC is 8.9 percent and the tax rate is 21 percent. What is the price per share of the company's stock? Please show your work for this