ou've collected the following information from your favorite financial website. 52-Week Price Lo 10.43 Acevedo .36 Hi 77.40 55.81 130.93 50.24 35.30 Stock (Dividend) 33.42 Georgette, Incorporated 1.54 69.50 YBM 2.00 13.95 Manta Energy .80 20.77 Winter Sports .35 Dividend PE Yield % 2.6 3.8 2.2 5.2 1.5 Ratio 6 10 10 6 28 Close Price 13.90 40.43 88.97 15.43 ?? Net Change -.24 -.01 3.07 -.26 .18 . Using the dividend yield, calculate the closing price for Winter Sports on this day. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. .The actual closing price for Winter Sports was $23.02. Analysts project a 4.75 percent dividend growth rate for Winter Spo the required return for the stock using the dividend discount model and the actual stock price?
ou've collected the following information from your favorite financial website. 52-Week Price Lo 10.43 Acevedo .36 Hi 77.40 55.81 130.93 50.24 35.30 Stock (Dividend) 33.42 Georgette, Incorporated 1.54 69.50 YBM 2.00 13.95 Manta Energy .80 20.77 Winter Sports .35 Dividend PE Yield % 2.6 3.8 2.2 5.2 1.5 Ratio 6 10 10 6 28 Close Price 13.90 40.43 88.97 15.43 ?? Net Change -.24 -.01 3.07 -.26 .18 . Using the dividend yield, calculate the closing price for Winter Sports on this day. Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. .The actual closing price for Winter Sports was $23.02. Analysts project a 4.75 percent dividend growth rate for Winter Spo the required return for the stock using the dividend discount model and the actual stock price?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Manshukh
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![You've collected the following information from your favorite financial website.
52-Week Price
Lo
10.43 Acevedo .36
33.42
69.50
13.95 Manta Energy .80
20.77 Winter Sports .35
Hi
77.40
55.81
130.93
50.24
35.30
Stock (Dividend)
a. Stock price
b. Required return
Georgette, Incorporated 1.54
YBM 2.00
Dividend PE
Yield %
%
2.6
3.8
2.2
5.2
1.5
Ratio
6
10
10
6
28
Close
Price
13.90
40.43
88.97
15.43
??
Net Change
-.24
-.01
a. Using the dividend yield, calculate the closing price for Winter Sports on this day.
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 3216.
b. The actual closing price for Winter Sports was $23.02. Analysts project a 4.75 percent dividend growth rate for Winter Sports. What is
the required return for the stock using the dividend discount model and the actual stock price?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
3.07
-.26
.18](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1924523a-a3f6-47fc-bb9e-2edb85311614%2Fc23130b7-f132-4a82-a410-82dbf13653bf%2F33ry48_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You've collected the following information from your favorite financial website.
52-Week Price
Lo
10.43 Acevedo .36
33.42
69.50
13.95 Manta Energy .80
20.77 Winter Sports .35
Hi
77.40
55.81
130.93
50.24
35.30
Stock (Dividend)
a. Stock price
b. Required return
Georgette, Incorporated 1.54
YBM 2.00
Dividend PE
Yield %
%
2.6
3.8
2.2
5.2
1.5
Ratio
6
10
10
6
28
Close
Price
13.90
40.43
88.97
15.43
??
Net Change
-.24
-.01
a. Using the dividend yield, calculate the closing price for Winter Sports on this day.
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 3216.
b. The actual closing price for Winter Sports was $23.02. Analysts project a 4.75 percent dividend growth rate for Winter Sports. What is
the required return for the stock using the dividend discount model and the actual stock price?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
3.07
-.26
.18
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