1 a firm recently paid an annual dividend of 137 a share, Ask an Expert

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1) A firm recently paid an annual dividend of $1.37 a share. Today, the company announced that future dividends will be increasing by 2.80% annually. If you require a return of 11.60%, how much are you willing to pay to purchase one share of this stock today?

a) $17.68

b) $16.67

c) $16.00

d) $18.23

2) Currently, a firm has a benchmark PE ratio of 18.7 and an EPS of $4.18 (annual). What is the firm's stock price per share?

a) $18.70

b) $4.47

c) $22

d) $78.17

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92346868

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