Assume ExxonMobil's price dropped to $33 overnight. Given the dividend growth rate of ExxonMobil of 6.00% and the last annual dividend of $1.25, what is the implied required rate of return necessary to justify the new lower market price of $33? What is the implied required rate of return necessary to justify the new lower market price of $33? % (Round to two decimal places.)

Mining has seen its business slowly wind down. It recently paid a dividend of $1.80 per share (D0), but analysts expect the dividend to decrease by 6% per year. The risk-free rate is 4.0% and the market risk premium is 5.0%. If the company beta is 0.8 and the market is in equilibrium, what is the value of its stock? $13.97 $11.79 $16.04 $12.09 $10.90

Give typing answer with explanation and conclusion  Huang Company's last dividend was $1.55. The dividend growth rate is expected to be constant at 22.5% for 3 years, after which dividends are expected to grow at a rate of 4% forever. If the firm's required return (rs) is 12%, what is its current stock price? Do not round intermediate calculations.

Assume that the 10-year U.S. Treasury is yielding 4.0 percent. Next year's earnings for the S&P 500 are expected to be $120. Use the Fed model to estimate the value of the S&P 500. Do not round intermediate calculations. Round your answer to two decimal places. If the S&P 500 is trading at 2,650, is the market overvalued or undervalued, and by how much? Do not round intermediate calculations. Round your answer to two decimal places. The market is -Select- -Select- overvalued undervalued ✓by %.

The stock of Business Adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of the economy by the end of the year as follows: Boom Normal economy Recession Expected return Standard deviation Dividend $ 2.80 1.80 0.90 Required: a. Calculate the expected holding-period return and standard deviation of the holding-period return. All three scenarios are equally likely. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Expected return Standard deviation Stock Price $ 48 43 34 b. Calculate the expected return and standard deviation of a portfolio invested half in Business Adventures and half in Treasury bills. The return on bills is 5%. (Do not round intermediate calculations. Round your answers to 2 decimal places.) % %

What about Kraft Heinz? They currently pay an annual divendend of $3.96 and we expect that to grow at a constant rate of 2.5% . Assuming the market requires a(n) 8.5% return from Kraft Heinz, what is their stock worth? (Answer with 2 decimals.)

Holtzman Clothiers's stock currently sells for $35 a share. It just paid a dividend of $2.25 a share (i.e., D0 = $2.25). The dividend is expected to grow at a constant rate of 9% a year. What is the required rate of return? Round your answer to two decimal places. Do not round your intermediate calculations.