I have been doing this homework for hours and i am so frustrated I want to cry. Please help me!
Growth Rates
The stock price of Retro Co. is $76. Investors require a 14 percent rate of return on similar stocks. If the company plans to pay a dividend of $5.00 next year, the expected growth rate of the company's stock price is ______ percent.
Nonconstant Dividends
Hetfield and Ulrich, Inc., has an odd dividend policy. The company has just paid a dividend of $13 per share and has announced that it will increase the dividend by $6 per share for each of the next 3 years, and then never pay another dividend. If you require a 15 percent return on the company's stock, you will pay $______ per share today
Growth Rates
The stock price of Retro Co. is $76. Investors require a 14 percent rate of return on similar stocks. If the company plans to pay a dividend of $5.00 next year, the expected growth rate of the company's stock price is ______ percent.
Nonconstant Dividends
Hetfield and Ulrich, Inc., has an odd dividend policy. The company has just paid a dividend of $13 per share and has announced that it will increase the dividend by $6 per share for each of the next 3 years, and then never pay another dividend. If you require a 15 percent return on the company's stock, you will pay $______ per share today
