You've collected the following information from your favorite financial website. 52-Week Price Lo 10.43 Acevedo 36 33.42 Georgette, Incorporated 1.54 69.50 YEM 2.00 14.08 20.74 Hi 77.40 55.81 130.93 50.37 35.00 Stock (Dividend) Manta Energy 93 Winter Sports 32 Required return Dividend Vield & PE Ratio Close Price Net Change 6 2.6 3.8 % 2.2 6.0 1.5 10 10 6 28 13.90 40.43 88.97 15.56 27 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 13 percent. If investors feel this growth rate will continue, what is the required return for the stock? -.24 -.01 3.07 -.26 .18 Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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You'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
50.37
35.00
Stock (Dividend)
33.42 Georgette, Incorporated 1.54
69.50
YEM 2.00
14.08
20.74
Required return
Manta Energy 93
Winter Sports 32
Dividend
Yield & PE Ratio Close Price Net Change
2.6
6
-.24
3.8
2.2
6.0
1.5
10
10
6
%
28
13.90
40.43
88.97
15.56
27
According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 13 percent. If
investors feel this growth rate will continue, what is the required return for the stock?
-.01
3.07
-.26
.18
Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a
percent rounded to 2 decimal places, e.g., 32.16.
Transcribed Image Text:You'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 50.37 35.00 Stock (Dividend) 33.42 Georgette, Incorporated 1.54 69.50 YEM 2.00 14.08 20.74 Required return Manta Energy 93 Winter Sports 32 Dividend Yield & PE Ratio Close Price Net Change 2.6 6 -.24 3.8 2.2 6.0 1.5 10 10 6 % 28 13.90 40.43 88.97 15.56 27 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 13 percent. If investors feel this growth rate will continue, what is the required return for the stock? -.01 3.07 -.26 .18 Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
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