Builtrite's common stock is currently selling for $84 a share and the company has
reported earnings per share of $7. What is Builtrite's PE ratio?
Builtrite just paid a dividend of $3 a share and expects dividends to continue growing
at 4% annually. Investors require a 9% rate of return on Builtrite stock. What would you
expect Builtrite stock to sell for?
Builtrite preferred stock just paid a dividend of $4 for their preferred stock selling for
$72 a share. What is the approximate required return for investors?