Question: what would be the Dividend yield on C quistion Problem 7-27 Nonconstant Growth (LO2) You expect a share of stock to pay dividends of $1.90,

what would be the Dividend yield on C quistion

Problem 7-27 Nonconstant Growth (LO2) You expect a share of stock to pay dividends of $1.90, $2.35, and $3.00 in each of the next 3 years. You believe the stock will sell for $26.00 at the end of the third year. a. What is the stock price if the discount rate for the stock is 20%? ( Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. 20.00 Stock price b. What is the dividend yield for year 1? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. What is the dividend yield for year 1? (Do decimal places.) not round intermediate calculations. Enter your answer as a percent rounded to 2 Answer is complete and correct. Dividend yield 9.50 c. What will be the dividend yield at the start of year 2? (Do not round intermediate calculations. Enter your ansver rounded to 2 decimal places.) as a percent Answer is complete but not entirely correct. 14.00 % Dividend yield

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