Nikul You've collected the following information from your favorite financial website.52-Week PriceLo10.43 Acevedo .3633.42 Georgette, Incorporated 1.5469.5014.02.20.74Hi77.4055.81130.9350.3135.00Stock (Dividend)YBM 2.00Manta Energy .87Winter Sports .32Required returnDividendYield % PE Ratio Close Price Net Change2.66-.243.8-.013.072.25.61.5[%1010.62813.9040.4388.9715.50??According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 10 percent. Ifinvestors feel this growth rate will continue, what is the required return for the stock?-.26.18Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as apercent rounded to 2 decimal places, e.g., 32.16.

The required return on a stock can be calculated by

You've collected the following information from your favorite financial website. 52-Week Price Lo 10.43 Acevedo .36 33.42 69.50 14.02 20.74 Hi 77.40 55.81 130.93 50.31 35.00 Stock (Dividend) Georgette, Incorporated 1.54 YBM 2.00 Required return Manta Energy .87 Winter Sports .32 Dividend Yield % PE Ratio Close Price Net Change 6 -.24 -.01 2.6 3.8 2.2 5.6 1.5 10 10 6 28 13.90 40.43 88.97 15.50 ?? 3.07 -.26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 10 percent. If Investors feel this growth rate will continue, what is the required return for the stock? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

You've collected the following information from your favorite financial website. 52-Week Price Lo 10.43 Acevedo .36 33.42 69.50 14.02 20.74 Hi 77.40 55.81 130.93 50.31 35.00 Stock (Dividend) Georgette, Incorporated 1.54 YBM 2.00 Required return Manta Energy .87 Winter Sports .32 Dividend Yield % PE Ratio Close Price Net Change 6 -.24 -.01 2.6 3.8 2.2 5.6 1.5 10 10 6 28 13.90 40.43 88.97 15.50 ?? 3.07 -.26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 10 percent. If Investors feel this growth rate will continue, what is the required return for the stock? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 4AP

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You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Dividend) Dividend Yield % PE Ratio Close Price Net Change Hi Lo 77.40 10.43 Acevedo .36 2.6 6 13.90 −.24 55.81 33.42 Georgette, Incorporated 1.54 3.8 10 40.43 −.01 130.93 69.50 YBM 2.00 2.2 10 88.97 3.07 50.28 13.99 Manta Energy .84 5.4 6 15.47 −.26 35.00 20.74 Winter Sports .32 1.5 28 ??question mark .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 14 percent. If investors feel this growth rate will continue, what is the required return for the stock? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
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