Fletcher's Company's current stock price is $17, and its last dividend was $2.50. In view of Fletcher's strong financial position and its consequent low risk, its required rate of return is only 17%. If dividends are expected to grow at a constant rate, g, in the future, and if ks is expected to remain at 17%, what is Fletcher's expected stock price 3 years from now?

Portman Industries just paid a dividend of $1.92 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 16.00% over the next year. After the next year, though, Portman’s dividend is expected to grow at a constant rate of 3.20% per year.  The risk-free rate (rRFrRF) is 4.00%, the market risk premium (RPMRPM) is 4.80%, and Portman’s beta is 2.00. What is the dividents one year from now? What is the Horizon value? What is the Intrinsic value?

Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 6% forever. Its stock price is $34.8 and its beta is 1. The risk-free rate is 2% and the expected return on the market portfolio is 8%. What is the best guess for the cost of equity?

The Ramirez Company's last dividend was $1.8.  Its dividend growth rate is expected to be constant at 14% for 2 years, after which dividends are expected to grow at a rate of 5% forever.  Its required return (rs) is 13%.  What is the best estimate of the current stock price?  Answer to the nearest dollar amount, and enter without the dollar sign

The earnings of Eastern Corp. are expected to grow at an annual rate of 12% over the next 5 years and then slow to a constant rate of 8% per year. The company currently pays a dividend of $0.36 per share. What is the value of the company’s stock to an investor who requires a 14% rate of return? If the stock has a market price of $15, do you buy it ?

Woidtke Manufacturing's stock currently sells for $38 a share. The stock just paid a dividend of $3.00 a share (i.e., Do = $3.00), and the dividend is expected to grow forever at a constant rate of 3% a year. What stock price is expected 1 year from now? Do not round intermediate calculations. Round your answer to the nearest cent. $ What is the estimated required rate of return on Woidtke's stock (assume the market is in equilibrium with the required return equal to the expected return)? Do not round intermediate calculations. Round the answer to two decimal places. _%

Dollar Tree Inc (DLTR) is expected to pay a $1.85 dividend, and it is expected to grow at 9.85% for the next 3 years. After 3 years the dividend is expected to grow at the rate of 5.15% indefinitely. If the required return is 8.15%, what is DLTR's stock value today?