b) Lanigan bank is funded 100% by equity. Last year's dividend was £2.60. The bank expects to be able to grow and increase dividends at 2% p.a. for the foreseeable future. If an investor's expected rate of return is 7% what does this imply for the share price?

Suppose a firm just paid a dividend of $1.00. You expect that the firm will grow at 30% next year, 10% the following year, and at a constant rate of 2% thereafter. The required return on this firm's equity is 14%. What is the price of the stock? Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.67, type 12345.67).

Choi Tech stock currently sells for $64 per share and the required return is 12 percent. The total return is evenly divided between the capital gains yield and the dividend yield. What is the current dividend per share if it's the company's policy to always maintain a constant growth rate in its dividends?   What are the inputs to solve this on a BA II plus financial calculator?

A company currently pays a dividend of $3.8 per share (D0 = $3.8). It is estimated that the company's dividend will grow at a rate of 25% per year for the next 2 years, and then at a constant rate of 6% thereafter. The company's stock has a beta of 1.4, the risk-free rate is 9.5%, and the market risk premium is 4.5%. What is your estimate of the stock's current price? Do not round intermediate calculations. Round your answer to the nearest cent.