Achi Corp. has preferred stock with an annual dividend of $3.05. If the required return on Achi's preferred stock is 8.2%, what is its price? (Hint: For a preferred stock, the dividend growth rate is zero.) Achi's stock price will be $ (Round to the nearest cent.)

Big Oil, Inc. has a preferred stock outstanding that pays a $8 annual dividend. If investors’ required rate of return is 10 percent, what is the market value of the shares? Round your answer to the nearest cent. $   If the required return declines to 8 percent, what is the change in the price of the stock? Round your answer to the nearest cent. The price  by $   .

Mullen Inc. has an outstanding issue of perpetual preferred stock with an annual dividend of $2.10 per share. If the required return on this preferred stock is 6.5%, at what price should the stock sell? Your answer should be between 18.12 and 72.80, rounded to 2 decimal places, with no special characters.

Are bio technology company stock is currently selling for $48.35 per share. The earnings per share are $4.14 and the dividend is $1.80. A-what is the current yield of stock as a percent round your answer to the nearest 10th of a percent?  B-what is the price earnings ratio round your answer to the nearest whole number?

Assume Evco, Inc. has a current stock price of $48.64 and will pay a $2.25 dividend in one year; its equity cost of capital is 10%. What price must you expect Evco stock to sell for immediately after the firm pays the dividend in one year to justify its current price? We can expect Evco stock to sell for $. (Round to the nearest cent.)

2)

Assume Evco, Inc. has a current stock price of $49. 11 and will pay a $2.25 dividend in one year, its equity cost of capital is 18%. What price must you expect Evco stock to sell for immediately after the firm pays the dividend in one year to justify its current price? We can expect Evco stock to sell for $ ( Round to the nearest cent.)

Carby Hardware has an outstanding issue of perpetual preferred stock with an annual dividend of $6.70 per share. If the required return on this preferred stock is 6.5%, at what price should the preferred stock sell?

A biotechnology company's stock is currently selling for $48.35 per share. The earnings per share are $2.14, and the dividend is $1.80. (a) What is the current yield of the stock (as a %)? (Round your answer to the nearest tenth of a percent.) % (b) What is the price-earnings ratio? (Round your answer to the nearest whole number.)

A biotechnology company's stock is currently selling for $48.35 per share. The earnings per share are $2.14, and the dividend is $1.60. (a) What is the current yield of the stock (as a %)? (Round your answer to the nearest tenth of a percent.) % (b) What is the price-earnings ratio? (Round your answer to the nearest whole number.)