(Answered) 1 the next dividend payment by a firm will be 441 per share

Finance

1. The next dividend payment by a firm will be $4.41 per share. The dividends are anticipated to maintain a growth rate of 3 percent forever. If the stock currently sells for $22 per share, what is the required return?

2. Valuing Preferred Stock

A firm has an issue of preferred stock outstanding that pays a $2.6 dividend every year in perpetuity. If the required return is 10.44 percent, what is the current price?

3. Voting Rights

A firm has 142714 shares outstanding.

If the company uses straight voting, how many votes would a candidate need in order to gain a seat on the board?

4. Stock Valuation and PE

A firm has earnings of $4.67 per share. The benchmark PE for the company is 22. What stock price would you consider appropriate?

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