FIN 419 Expect Success/uophelp.com FIN 419 Expect Success/uophelp.com | Page 28
Dietterich Electronics wants its shareholders to earn a return of 9% on
their investment in the company. At what price would the stock need
to be priced today if Dietterich Electronics had a
a.
$0.40 constant annual dividend forever?
b.
$1.10 constant annual dividend forever?
c.
$1.60 constant annual dividend forever?
d.
$2.90 constant annual dividend forever?
============================================
FIN 419 Week 4 Team Assignment Problem Sets
For more course tutorials visit
www.uophelp.com
In case different Questions/problems are asked by your instructor
just email me
Complete the following problem sets in Financial
Management using Microsoft® Excel®:
Chapter 7 : 5, 15
Chapter 9 : 10
Chapter 11 : 12
Chapter 16: 9, 10
Chapter 7
5. King Waterbeds has an annual cash dividend policy that raises the
dividend each year
by 4%. Last year’s dividend was $0.40 per share. What is the price of
this stock if