You’ve collected the following information from your favorite
financial website.
52-Week Price | Stock (Div) | Div Yld % |
PE Ratio |
Close Price |
Net Chg |
|
Hi | Lo | |||||
77.8 | 10.47 | Palm Coal .40 | 2.8 | 6 | 14.30 | –.24 |
55.81 | 33.42 | Lake Lead Grp 1.54 | 3.8 | 10 | 40.43 | –.01 |
130.93 | 69.50 | SIR 2.00 | 2.2 | 10 | 88.97 | 3.07 |
50.24 | 13.95 | DR Dime .80 | 5.2 | 6 | 15.43 | –.26 |
35.00 | 20.74 | Candy Galore .32 | 1.5 | 28 | ?? | .18 |
According to your research, the growth rate in dividends for Palm
Coal for the previous 10 years has been 3.5 percent.
If investors feel this growth rate will continue, what is the
required return for Palm Coal stock? (Do not round
intermediate calculations and enter your answer as a percent
rounded to 2 decimal places, e.g., 32.16.)
Required return
%
Required return ( r) | D1÷P0+g | |
Here, | ||
Net stock price (P0) | $ 15.38 | 0.8/5.2% |
Expected dividend (D1) | $ 0.83 | =0.8*(1+3.5%) |
Growth rate (g) | 3.500% | |
Required return ( r) | 8.88% | |
0.83÷15.38+3.5% |
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal .36 2.6 6 13.90 –.24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 –.01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.27 13.98 DR Dime .83 5.4 6 15.46 –.26 35.00 20.74 Candy Galore .32 1.5 28 ?? .18 According to your research, the growth rate in...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal .36 2.6 6 13.90 –.24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 –.01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.38 14.09 DR Dime .94 6.0 6 15.57 –.26 35.00 20.74 Candy Galore .32 1.5 28 ?? .18 According to your research, the growth rate in dividends for...
You've collected the following information from your favorite financial website. 52-Week Price Div Yld % 2.6 3.8 77.40 55.81 130.93 50.24 35.30 Lo 10.43 33.42 69.50 13.95 20.77 Stock (Div) Palm Coal.36 Lake Lead Grp 1.54 SIR 2.00 DR Dime.80 Candy Galore 0.35 PE Close Net Ratio Price Chg 6 13.90 - 24 10 40.43 -01 10 88.97 3.07 6 15.43 - 26 28 ?? 18 5.2 1.5 a. Using the dividend yield, calculate the closing price for Candy Galore...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Cur div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal .36 2.6 6 13.90 –.24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 –.01 131.06 70.15 SIR 2.65 3.0 10 89.10 3.07 50.24 13.95 DR Dime .80 5.2 6 15.43 –.26 35.00 20.74 Candy Galore .32 1.5 28 ?? .18 According to your research, the growth rate in dividends...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal 0.36 2.6 6 13.90 –0.24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 –0.01 131.03 70.00 SIR 2.50 2.8 10 89.07 3.07 50.24 13.95 DR Dime 0.80 5.2 6...
You've collected the following information from your favorite financial website. 52-Week Price Div Yld % 2.6 PE Ratio Lo 10 Hi 77.40 55.81 130.93 50.40 35.00 10.43 33.42 69.50 14.11 20.74 Stock (Div) Palm Coal 36 Lake Lead Grp 1.54 SIR 2.00 DR Dime.96 Candy Galore 32 3.8 22 Close Price 13.90 40.43 88.97 15.59 ?? Net Chg - 24 -01 3.07 - 26 18 10 28 According to your research, the growth rate in dividends for DR Dime for...
You've collected the following information from your favorite financial website 52-Week Price Lo Hi 77.40 55.81 130.93 50.24 35.80 10.43 33.42 69.50 13.95 20.82 Stock (Div) Palm Coal.36 Lake Lead Grp 1.54 SIR 2.00 DR Dime.80 Candy Galore 0.40 Div Yld % 2.6 3.8 2.2 5.2 1.5 PE Close Net Ratio Price Chg 6 13.90 - 24 10 40.43 -.01 10 88.97 3.07 6 15.43 - 26 28 ?? 18 a. Using the dividend yield, calculate the closing price for...
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal .36 2.6 6 13.90 –.24 56.21 33.82 Lake Lead Grp 1.94 4.8 10 40.83 –.01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.24 13.95 DR Dime .80 5.2 6 15.43 –.26...
You've collected the following information from your favorite financial website, 52-Week Price Yld PE Close Net Stock (Div) % Ratio Price Chg 77.40 10.43 Palm Coal 36 2.6 6 13.90 -24 55.81 33.42 Lake Lead Grp 1.54 3.8 10 40.43 -01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.24 13.95 DR Dime .80 5.2 6 15.43 - 26 36.40 20.88 Candy Galore 0.46 1.5 28 ?? 18 Hi Lo a. Using the dividend yield, calculate the closing price for...
You've collected the following information from your favorite financial website. 52-Week Price Hi 77.40 55.81 130.93 50.35 35.00 Lo 10.43 33.42 69.50 14.06 20.74 Stock (Div) Palm Coal.36 Lake Lead Grp 1.54 SIR 2.00 DR Dime .91 Candy Galore .32 Div Yld % 2.6 3.8 2.2 5.9 1. 5 PE Ratio 6 10 10 6 2 8 Close Price 13.90 40.43 88.97 15.54 ?? Net Chg -.24 -.01 3.07 -.26 18 According to your research, the growth rate in dividends...