You've collected the following information from your favorite financial website. Dividend PE Yield % Ratio 52-Week Price Lo 10.43 Acevedo .36 33.42 Georgette, Incorporated 1.54 69.50 YBM 2.00 14.07 Manta Energy .92 20.74 Winter Sports .32 Hi 77.40 55.81 130.93 50.36 35.00 Stock (Dividend) 2.6 3.8 2.2 5.9 1.5 6 10 10 6 28 Close Price 13.90 40.43 88.97 15.55 ?? Net Change -.24 -.01 3.07 -.26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 10 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.
You've collected the following information from your favorite financial website. Dividend PE Yield % Ratio 52-Week Price Lo 10.43 Acevedo .36 33.42 Georgette, Incorporated 1.54 69.50 YBM 2.00 14.07 Manta Energy .92 20.74 Winter Sports .32 Hi 77.40 55.81 130.93 50.36 35.00 Stock (Dividend) 2.6 3.8 2.2 5.9 1.5 6 10 10 6 28 Close Price 13.90 40.43 88.97 15.55 ?? Net Change -.24 -.01 3.07 -.26 .18 According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 10 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.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Sh11
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
14.07
Manta Energy .92
20.74 Winter Sports .32
Hi
77.40
55.81
130.93
50.36
35.00
Stock (Dividend)
Required return
Georgette, Incorporated 1.54
YBM 2.00
Dividend PE
Yield % Ratio
%
2.6
3.8
2.2
5.9
1.5
6
10
10
6
28
Close
Price Net Change
13.90
40.43
88.97
15.55
??
According to your research, the growth rate in dividends for Manta Energy for the previous 10 years has been negative 10
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.
-.24
-.01
3.07
-.26
.18
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