1 campbell soup co paid a 055 dividend per share in 2002, Ask an Expert

Finance

1. Campbell Soup Co paid a $0.55 dividend per share in 2002, which grew to $0.85 in 2009. This growth is expected to continue. What is the value of this stock at the beginning of 2010 when the required return is 10.5 percent?

2. You have $41,693.01 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $270,000. You expect to earn 11% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92791170

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