You’ve collected the following information from your favorite financial website. Use it...

You’ve collected the following information from your favorite financial website. Use it to answer below Question (the 52-week Hi and Lo are the highest and lowest stock prices over the previous 52 weeks).

Stock Quotes. Using the dividend yield, calculate the closing price for Tootsie Roll on this day. The actual closing price for Tootsie Roll was $24.48. Why is your closing price different? The Value Line Investment Survey projects a 5.5 percent dividend growth rate for Tootsie Roll. What is the required return for the stock using the dividend discount model and the actual stock price?