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7. Uncle Duckys Doll Company will be paying a dividend of $3.60 and a required...

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Accounting

7. Uncle Duckys Doll Company will be paying a dividend of $3.60 and a required return of 12%. The dividend 5 years ago was $2.75. What is the current price of Uncle Duckys stock? Include two decimals in your answers.

8. Purple Poo stock is selling for $16 per share and the stock dividends are expected to grow at 3% indefinitely. In addition, the most recent Purple Poo dividend was $1.50. Using the constant dividend model (Gordon Growth Model), calculate the rate of return on the Purple Poo stock. Include two decimals in your answers.

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Uncle Ducky's Doll Company will be paying a dividend of $3.60 and a required return of 12%. The dividend 5 years ago was $2.75. What is the current price of Uncle Ducky's stock? Include two decimals in your answers. Gordon Growth Model P0=D1/(ksg) Problem 8: Constand Growth Stock $16 per share and the stock dividends are expected to grow at 3% indefinitely. In addition, the most recent Formulas you will use: Growth of Dividend: D0 Divident (1+ growth rate )=D1 Dividend Gordon Growth Model: ks=(D1/P0)+g

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