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If the discount rate is 16 percent, what is the present value of these cash
flows? (Do not round intermediate calculations and round your answer to 2
decimal places, e.g., 32.16.)
If the discount rate is 25 percent, what is the present value of these cash
flows? (Do not round intermediate calculations and round your answer to 2
decimal places, e.g., 32.16.)
15.You own 300 shares of Western Feed Mills stock valued at $36.72 per
share. What is the dividend yield if your annual dividend income is $322?
15.Four months ago, you purchased 1,200 shares of Lakeside Bank stock
for $21.20 a share. You have received dividend payments equal to $.55 a
share. Today, you sold all of your shares for $22.20 a share. What is your
total dollar return on this investment?
Question 16 (Another Set)
Suppose a stock had an initial price of $54 per share, paid a dividend of
$1.30 per share during the year, and had an ending share price of $64.
Compute the percentage total return. (Do not round intermediate
calculations and enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
17.