3M has famously increased its dividend for 63 straight years. Let’s assume you think this will happen forever. Currently the dividend is $5.92/share annually. If you estimate the cost of equity for 3M at 6% and the dividend will grow at 1% per year, what is the appropriate stock price for 3M under the Constant Dividend Growth Model? Choose the closest. a. $5.53 b. $84.57 c. $98.67 d. $118.40

Assume that Stock X is fairly priced today. Stock X just distributed a per share dividend of $1. It is expected that the company will increase its dividend by 20% in the coming year, 15% in the second year, 10% in the third year, and 5% in the fourth year. Starting from the fifth year, the company will maintain the dividend growth rate to be 5% per year forever. How much is Stock X worth today if its equity cost of capital is 10%?   With clear calculation and formula

What would you pay today, in dollars, for a stock that is expected to make a $2 dividend in one year if the expected dividend growth rate is 5% and you require a 12% return on your investment? 28.57 29.33 31.43 43.14 54.30

Orwell building supplies' last dividend was $1.75. Its dividend growth rate is expected to be constant at 12.00% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 12%. What is the best estimate of the current stock price? Select the correct answer.   a. $35.40     b. $38.34     c. $37.36     d. $36.38     e. $34.42

Synovec Company is growing quickly. Dividends are expected to grow at a rate of 22 percent for the next 3 years, with the growth rate falling off to a constant 5 percent thereafter. If the required return is 11 percent and the company just paid a $2.30 dividend. what is the current share price? Multiple Choice C $61.80 $63.04 $60.57 #56 51

A firm’s stock is selling for $19.50. Just recently they paid a $3 dividend and dividends are expected to grow at 5% per year. What is the required return?   a. 10.50%   b. 16.15%   c. 1.044%   d. 15.79%

1.A stock is expected to pay a dividend of $2.75 at the end of the year (i.e., D1 = $2.75), and it should continue to grow at a constant rate of 10% a year. If its required return is 14%, what is the stock's expected price 4 years from today? Do not round intermediate calculations. Round your answer to the nearest cent. =  $  2. Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $1.00 coming 3 years from today. The dividend should grow rapidly—at a rate of 29% per year—during Years 4 and 5, but after Year 5, growth should be a constant 6% per year. If the required return on Computech is 18%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent. =    $

7. I need help with finance home work question asap please A company just paid a dividend of $4.15 per share. The company is expected to increase its dividend by 19% per year for each of the next 2 years and then maintain a constant dividend growth rate of 5% forever. What is this stock's expected price per share 2 years from now if the required return on this stock is 13.45%?