tsApple stock is currently selling for $45.00 per share. The stock has a constantgrowth rate of 3.00%. The risk free rate is 1.75% and inflation premium is2.0%. The stocks required rate of return is 7.0%. What was the last dividend,Do? (Round to two decimals)$2.08$1.75$1.06$0.85$1.02

The objective of the question is to find out the last dividend (Do) paid by Apple. The given…

Answered: ts Apple stock is currently selling for…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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9
Calculate today's stock price, based on the following information: Growth rate of dividends years 1 and 2 = 20% Growth rate of dividends years 3 and 4 = 15% Growth rate of dividends year 5 moving forward = 5% Last dividend paid = $1.00 Required rate of return based on the riskiness of this stock = 12% (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Do not input a c Numeric Response
What is the value of a stock with the following dividends, an 8.5% discount rate, and a growth rate of 6% (beginning in year 6)? (Round to the nearest dollar) Year Dividends $120 $99 $110 $80 $85 1 $2.16 2 $2.38 3 $2.61 4 $2.87 5 $3.16
Company B's dividends were; $2 eight years ago, $2.15 seven years ago, $1.95 six years ago, $2.20 five years ago, $2.30 four years ago, $2.38 three years ago, $2.45 two years ago, $2.15 last year and just paid $2.35. If the required rate of return is 8%, what should the current price of stock be?
A share of common stock just paid a dividend of $5. If the expected long-run growth rate for this stock is 2%, and if investors' required rate of return is 8.5%, then what is the stock price? Round your final answer to 2 decimal places. Do not round any intermediate calculation.
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A share of common stock has just paid a dividend of P3.00. If the expected long-run growth rate for this stock is 15 percent, and if investors require a 18 percent rate of return, what is the price of the stock? Format: 111
Allstate Corp (ALL) recently paid a dividend of $5.51. The required rate of return is 6.97%. Other things held constant, what would the stock’s price be if the growth rate was 2.75%? A. $104.57 B. $134.16 C. $149.88 D. $179.85
Intro Roller Inc. has just paid an annual dividend of $0.8. Analysts expect dividends to grow by 8% per year for the next 9 years, and then by 1.5% per year thereafter. The company has a required return of 12%. Part 1 Attempt 1/10 for 10 pts. What is the value of the stock now? 1+ decimals Submit
AAA's stock has a required rate of return = 11.50%. It is selling for $25/ share. It's dividend will grow at a constant rate of 7.00%. How much is the last dividend, D0? $0.95 $1.05 $1.16 $1.27
Casco common stock sells for $58.49 a share and pays an annual dividend that increases by 1.3 percent annually. The market rate of return on this stock is 12.6 percent. What is the amount of the last dividend paid? $11.60 O $10.99 $9.98 $10.64 $9.52

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ts Apple stock is currently selling for $45.00 per share. The stock has a constant growth rate of 3.00%. The risk free rate is 1.75% and inflation premium is 2.0%. The stocks required rate of return is 7.0%. What was the last dividend, Do? (Round to two decimals) $2.08 $1.75 $1.06 $0.85 $1.02