You've collected the following information from your favorite financial website. 52-Week Price Lo 10.49 Acevedo .42 Hi 78.00 55.81 130.93 50.24 35.00 Stock (Dividend) Required return 33.42 Georgette, Incorporated 1.54 69.50 YBM 2.00 13.95 Manta Energy .80 20.74 Winter Sports .32 Dividend PE Yield % Ratio % 2.9 3.8 2.2 5.2 1.5 6 10 10 6 28 Close Price Net Change 14.50 40.43 88.97 15.43 ?? According to analysts, the growth rate in dividends for Acevedo for the previous 10 years has been 4 percent. If investors feel this growth rate will continue, what is the required return for the company's stock? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. -.24 -.01 3.07 -.26 .18
You've collected the following information from your favorite financial website. 52-Week Price Lo 10.49 Acevedo .42 Hi 78.00 55.81 130.93 50.24 35.00 Stock (Dividend) Required return 33.42 Georgette, Incorporated 1.54 69.50 YBM 2.00 13.95 Manta Energy .80 20.74 Winter Sports .32 Dividend PE Yield % Ratio % 2.9 3.8 2.2 5.2 1.5 6 10 10 6 28 Close Price Net Change 14.50 40.43 88.97 15.43 ?? According to analysts, the growth rate in dividends for Acevedo for the previous 10 years has been 4 percent. If investors feel this growth rate will continue, what is the required return for the company's stock? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. -.24 -.01 3.07 -.26 .18
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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