XYZ company paid a dividend of $4.66 in the past 12 months. The annual dividend growth rate is 6.93 percent, and the required rate of return on the stock is 10.25 percent. Calculate the current price of the stock. Do not use a financial calculator or an online calculator. You must show your work
Find the required return for a stock, given that the current dividend is $4.45 per share, the dividend growth rate is 6.5 percent, and the stock price is $101.00 per share
Find the next dividend that the required return is 9.78 percent, the dividend growth rate is 7.74 percent, and the stock price is $93.50 per share