Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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What is the dividend yield if the annual dividend per share is $7.50 and the market price of a share of stock is $97?
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- Ovit, Inc. has preferred stock with a price of $18.25 and a dividend of $1.74 per year. What is its dividend yield? The dividend yield is%. (Round to one decimal place.)arrow_forwardThe preference share of Acme International is selling currently at $107.4. If your required rate of return is 8.7 per cent, what is the dividend paid by this share?arrow_forwardA stock is selling today for $50 per share. At the end of the year, it pays a dividend of $3 per share and sells for $59. Required: a. What is the total rate of return on the stock? b. What are the dividend yield and percentage capital gain? c. Now suppose the year-end stock price after the dividend is paid is $44. What are the dividend yield and percentage capital gain in this case?arrow_forward
- A preferred stock will pay a dividend of $1 per quarter. If the annual return is 6.06%, what is the stock worth today?arrow_forwardYou find a stock selling for $91.26 that has a dividend yield of 1.6 percent and a PE ratio of 12.0. What is the earnings per share (EPS) for the company?arrow_forwardstock is priced at $50 per share. The stock has earnings per share of $7 and a market capitalization rate of 15%. What is the stock's present value of growth opportunities (PVGO)?arrow_forward
- A company’s preferred stock currently sells for $95.47 per share and it pays a $4.00 annual dividend. what is the cost of the preferred stock?arrow_forwardYour company has preferred stock that has an annual dividend of $2. If the current price is $20, what is the cost of preferred stock?arrow_forwardNorth Side Corp’s dividends for year 1, year 2, year 3, and expected share price for year 3 are: D1=$1.95, D2=$2.10, D3=$2.18, and P3=$95 respectively. What is the company’s current share price given the required return of 8 percent?arrow_forward
- You purchased a stock at a price of $48.01. The stock paid a dividend of $1.87 per share and the stock price at the end of the year is $54.01. What was the dividend yield?arrow_forwardWhat should be the current price of a share of stock if a $5 dividend was just paid, the stock has a required return of 20%, and a constant dividend growth rate of 6%?arrow_forwardXYZ company has preferred stock that has an annual dividend of $5. If the current market price of a preference share is $30, What is the cost of preference share?arrow_forward
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