52-Week Price Dividend Hi Lo Stock (Dividend) Yield % PE Ratio 77.40 10.43 Acevedo .36 2.6 6 55.81 33.42 Georgette, Incorporated 1.54 3.8 10 130.93 69.50 YBM 2.00 2.2 10 50.34 35.00 14.05 Manta Energy .90 5.8 6 20.74 Winter Sports .32 1.5 28 cording to your research, the growth rate in dividends for Manta Energy for the p years has been negative 11 percent. If investors feel this growth rate will continue

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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You've collected the following information from your favorite financial website.
52-Week Price
Hi
Lo
Stock (Dividend)
Dividend
Yield %
PE
Close
Ratio
Price
77.40
10.43
Acevedo .36
2.6
6
13.90
55.81
33.42
Georgette, Incorporated 1.54
3.8
10
40.43
130.93
69.50
YBM 2.00
2.2
10
88.97
50.34
14.05
Manta Energy .90
5.8
6
15.53
35.00
20.74
Winter Sports .32
1.5
28
??
According to your research, the growth rate in dividends for Manta Energy for the previous
10 years has been negative 11 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.
Required return
%
Transcribed Image Text:You've collected the following information from your favorite financial website. 52-Week Price Hi Lo Stock (Dividend) Dividend Yield % PE Close Ratio Price 77.40 10.43 Acevedo .36 2.6 6 13.90 55.81 33.42 Georgette, Incorporated 1.54 3.8 10 40.43 130.93 69.50 YBM 2.00 2.2 10 88.97 50.34 14.05 Manta Energy .90 5.8 6 15.53 35.00 20.74 Winter Sports .32 1.5 28 ?? According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 11 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. Required return %
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