This question has been answered by N Jain on Nov 2, 2012. View Solution
Roclim posted a question Nov 01, 2012 at 5:59pm
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4. Stock Values. Ziggs Corporation will pay $3.85 per share dividend next year. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. If you require a 12 percent return on your investment, how much will you pay for the company's stock today?

10. Growth Rates. The stock price of Jenkins Co. is $53. Investors require a 12 percent rate of return on similar stocks. If the company plans to pay a dividend of $3.15 next year, what growth rate is expected for the company's stock price?
answered the question Nov 02, 2012 at 7:13am
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4. Stock Values. Ziggs Corporation will pay $3.85 per share dividend next
year. The company pledges to increase its dividend by 4.75 percent per year,
indefinitely. If you require a 12 percent...


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