Using the dividend yield, calculate the closing price for Tootsie Roll on this day. The actual closing price for Tootsie Roll was $32.43. Why is your closing price different? The value Line investment Survey projects a 7 percent dividend growth rate for Tootise Roll. What is the required return for the stock using the dividend discount model and the actual stock price?

52-Week Price 28.84 acledeGrp 1.42 3.9 DukeEngy 1.28 37.51 32. 12 26.09 94.05 72.73BM 1.20 82.49 33.35 16 17 16 15 36.64 31.61 91.52 79.60 ? 0.58 0.39 0.17 1.53 0.38 4.0 1.3 52.64 PenneyJC 72 26.22 TootsieRoll 32 1.0