Homework Answers
Stock A:
Dividend paid = 4%*14.71 = 0.5884 $
This dividend return to the owners is 9% (since they bought the stock at a different price). That stock price will be (100/9) *0.5884= 6.54$
Stock B:
Dividend paid = 7$
This dividend return to the owners is 9% (since they bought the stock at a different price). That stock price will be (100/9) *7= 77.78$
Stock C:
Dividend paid = 12 $
This dividend return to the owners is 9% (since they bought the stock at a different price). That stock price will be (100/9) *12= 133.33$
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$
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