You've collected the following information from your favorite financial website. 52-Weak Price Lo 10.43 Acevedo 36 33.42 Georgette, Incorporated 1.54 Hi 77.40 55.81 130.93 SQuin 35.00 Stock (Dividends Required retum 69.50 YBH 2.00 14.09 Manta Energy .04 20.74 Winter Sports 32 bividend (Ylel PE Ratia Close Prics lies Change 24 2.6 3.0 2.2 6.0 4.5 10 10 6 28 13.90 40.43 68.97 15.57 17 4.01 1.07 26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 14 percent. If investors feel this growth rate will continue, what is the required return for the stock? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
You've collected the following information from your favorite financial website. 52-Weak Price Lo 10.43 Acevedo 36 33.42 Georgette, Incorporated 1.54 Hi 77.40 55.81 130.93 SQuin 35.00 Stock (Dividends Required retum 69.50 YBH 2.00 14.09 Manta Energy .04 20.74 Winter Sports 32 bividend (Ylel PE Ratia Close Prics lies Change 24 2.6 3.0 2.2 6.0 4.5 10 10 6 28 13.90 40.43 68.97 15.57 17 4.01 1.07 26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 14 percent. If investors feel this growth rate will continue, what is the required return for the stock? Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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