I only need question 1 and 3. A...
90.2K
Verified Solution
Question
Accounting
I only need question 1 and 3.
A stock just paid a dividend of $2.95. The dividend is expected to grow at 25.48% for two years and then grow at 4.60% thereafter. The required return on the stock is 13 62%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. The risk-free rate is 1.03% and the market risk premium is 5.18%. A stock with a of 1.01 will have an expected return of % 6.26% Submit Answer format: Percentage Round to 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Show Hint The risk-free rate is 4.38% and the expected return on the market 12.06%. A stock with a of 0.97 will have an expected return of % Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.