intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) 5. Siblings, Inc., is expected to maintain a constant 3.6 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 5.4 percent.
What is the required return on the company ' s stock?( Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
Required return %
5.( Set 2) The next dividend payment by ECY, Inc., will be $ 1.60 per share. The dividends are anticipated to maintain a growth rate of 6 percent, forever. The stock currently sells for $ 30 per share.
What is the required return?( Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
Q-6( Set 1)
Ayden, Inc., has an issue of preferred stock outstanding that pays a dividend of $ 6.75 every year, in perpetuity. This issue currently sells for $ 93 per share.
What is the required return?( Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)
Q-6( Set 2)
6. The Starr Co. just paid a dividend of $ 1.55 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year, indefinitely. Investors require a return of 14 percent on the stock.
What is the current price?( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
What will the price be in three years?( Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)