Summerdahl Resort's common stock is currently $36 a share. The company expects to pay a dividend of $3 a share at year-end, and the dividend growth rate is 5% a year. What is its cost of common equity?
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- Gremlin Industries will pay a dividend of $1.65 per share this year. It is expected that this dividend will grow by 5% per year each year in the future. The current price of Gremlin's stock is $22.20 per share. What is Gremlin's equity cost of capital?NoGrowth Corporation currently pays a dividend of $2.00 per year, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 15% per year? The price per share if its equity cost of capital is 15% per y ear is $_______ (Round to the nearest cent.)NoGrowth Corporation currently pays a dividend of $2.08 per year, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 14% per year? The price per share if its equity cost of capital is 14% per year is $_______ (Round to the nearest cent.)
- NoGrowth Corporation currently pays a dividend of $1.72 per year, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 12% per year?Flo's flowers pays an annual dividend that increases by 1.8 percent per year, commands a market rate of return of 13.8 percent, and sells for $19.08 a share. What is the expected amount of the next dividend?NoGrowth Corporation currently pays a dividend of $2 per year, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 15% per year?
- Avril Synchronistics will pay a dividend of $1.50 per share this year. It is expected that this dividend will grow by 5% each year in the future. What will be the current value of a single share of Avril's stock if the firm's equity cost of capital is 16%?Summit Systems will pay a dividend of $1.48 this year. If you expect Summit's dividend to grow by 5.3% per year, what is its price per share if the firm's equity cost of capital is 10.7%? The price per share is $______ (Round to the nearest cent.)Summerdahl Resort's common stock is currently trading at $31 a share. The stock is expected to pay a dividend of $1.75 a share at the end of the year (Di = $1.75), and the dividend is expected to grow at a constant rate of 8% a year. What is the cost of common equity? Round your answer to two decimal places.
- Eastern Electric currently pays a dividend of $1.91 per share and sells for $30 a share.If investors believe the growth rate of dividends is 2% per year, what rate of return dothey expect to earn on the stock? If investors' required rate of return is 15 % , whatmust be the rate they expect Of firrn?The next dividend payment by Savitz, Inc., will be $1.48 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. The stock currently sells for $27 per share. a. What is the dividend yield? b. What is the expected capital gains yield?Summit Systems will pay an annual dividend of $1.56 this year. If you expect Summit's dividend to grow by 5.8% per year, what is its price per share if the firm's equity cost of capital is 10.9%? The price per share is $ (Round to the nearest cent.) M