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 14.01 Hi 77.40 55.81 130.93 50.30 35.00 Stock (Dividend) Required return YBM 2.00 Manta Energy .86 20.74 Winter Sports .32 Dividend Yield % PE Ratio Close Price Net Change 2.6 6 -.24 3.8 10 10 2.2 5.6 6 1.5 28 % 13.90 40.43 88.97 15.49 ?? According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 12 percent. If Investors feel this growth rate will continue, what is the required return for the stock? 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. -.01 3.07 -.26 .18

Survey of Accounting (Accounting I)
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Chapter15: Capital Investment Analysis
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Problem 15.1.3MBA: Financial leverage MicrosoCortrepotied (MSFT) reported the following data (in millions) for a tern...
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You've collected the following information from your favorite financial website.
52-Week Price
Hi
Lo
77.40
10.43 Acevedo .36
55.81
33.42 Georgette, Incorporated 1.54
130.93
69.50 YBM 2.00
50.30
14.01
35.00
Stock (Dividend)
Required return
Manta Energy .86
20.74 Winter Sports .32
Dividend
Yield % PE Ratio Close Price Net Change
2.6
6
-.24
3.8
10
-.01
2.2
3.07
5.6
10
6
-.26
1.5
28
.18
According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 12 percent. If
investors feel this growth rate will continue, what is the required return for the stock?
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.
%
13.90
40.43
88.97
15.49
??
Transcribed Image Text:You've collected the following information from your favorite financial website. 52-Week Price Hi Lo 77.40 10.43 Acevedo .36 55.81 33.42 Georgette, Incorporated 1.54 130.93 69.50 YBM 2.00 50.30 14.01 35.00 Stock (Dividend) Required return Manta Energy .86 20.74 Winter Sports .32 Dividend Yield % PE Ratio Close Price Net Change 2.6 6 -.24 3.8 10 -.01 2.2 3.07 5.6 10 6 -.26 1.5 28 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 12 percent. If investors feel this growth rate will continue, what is the required return for the stock? 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. % 13.90 40.43 88.97 15.49 ??
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