Goode Inc.'s stock has a required rate of return of 11.50%, and it sells for $33.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D0?
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Goode Inc.'s stock has a required
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- Goode Inc.'s stock has a required rate of return of 12.00%, and it sells for $27.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D0? a. $1.35 b. $3.03 c. $1.77 d. $1.26The Evanec Company's next expected dividend, D1, is $2.94; its growth rate is 6%; and its common stock now sells for $40.00. New stock (external equity) can be sold to net $34.00 per share. a. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. rs= % b. What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % c. What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re= %Ferradini company's stock has a required rate of return of 12.50% and it sells for $18.00 per share. Ferradini's dividend is expected to grow at a constant rate of 7.00%. what was the last dividend?
- The Evanec Company’s next expected dividend, D1, is $3.18; its growth rate is 6%; and its common stock now sells for $36.00. New stock (external equity) can be sold to net $32.40 per share.a. What is Evanec’s cost of retained earnings, rs?b. What is Evanec’s percentage flotation cost, F?c. What is Evanec’s cost of new common stock, re?The Evanec Company's next expected dividend, D1, is $2.69; its growth rate is 7%; and its common stock now sells for $35.00. New stock (external equity) can be sold to net $31.50 per share. What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places. rs = % What is Evanec's percentage flotation cost, F? Round your answer to two decimal places. F = % What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re = %Fester Industries’ common stock is currently selling for $30.00 per share. Next year’s dividend (D1) is expected to be $1.26. If the required return on Fester’s common stock is 9.20%, what was the most recent dividend that Fester paid (D0)?
- The Evanec Company's next expected dividend, D1, is $3.50; its growth rate is 5%; and its common stock now sells for $38.00. New stock (external equity) can be sold to net $34.20 per share. A) What is Evanec's cost of retained earnings, rs? Do not round intermediate calculations. Round your answer to two decimal places.rs = % B) What is Evanec's percentage flotation cost, F? Round your answer to two decimal places.F = % C) What is Evanec's cost of new common stock, re? Do not round intermediate calculations. Round your answer to two decimal places. re = %Suppose a company just paid dividnd of $2.19.The dividend is expected to grow at 5.99% each year. If the stock is currently selling for $102.09, what is the requird rate of return o the stock?Francis Inc.'s stock has a required rate of return of 10.25%, and it sells for $87.50 per share. The dividend is expected to grow at a constant rate of 6.00% per year. What is the expected year-end dividend, D1? a. $2.79 O b. $4.65 O c. $3.72 O d. $3.90 Ое. $3.16
- Krell Industries has a share price of $21.55 today. If Krell is expected to pay a dividend of $1.08 this year and its stock price is expected to grow to $24.57 at the end of the year. The dividend yeild is? (Round to one decimal place)The capital rate gain is? (Round to one decimal place)The total return is? (Round to one decimal place)Jenson Co. just paid a $10.18 dividend. The company's dividends are expected to grow at a consistent rate of 6% indefinitely. Given a required rate of return of 12%, what should be the price of Jenson's stock? (a) $180.00 (b) $187.04 (c) $195.40 (d) $190.80Kellner Motor Co.'s stock has a required rate of return of 11.50% and it sells for $48.00 per share. Kellner's dividend is expected to grow at a constant rate of 7%. What was the last dividend, D0D0. a. $1.69 b. $2.35 c. $2.02 d. $1.03