problem1: The common stock of Gold Corp. recently paid dividends of $1.96 per share. If the company is growing at a rate of 2% per year, & your required rate of return is 8%, find out Gold's stock worth to you?

[A] 32.67

[B] 20

[C] 100

[D] 33.32

problem2: Moo Moo Land Dairy Co. has net income of $450,000 this year. The book value of MML common stock is $3 million dollars. The company's dividend payout ratio is 60% and is expected to remain this way. find out Moo Moo Land Dairy's sustainable growth rate? 

[A] 6%

[B] 10%

[C] 3%

[D] 9%

problem3: Style Corp. preferred stock pays S3.15. What is the value of the stock if your required rate of return is 8.5% [Give your answer to the nearest $1, and suppose no transaction costs]?

[A] $27

[B] $37

[C] $33

[D] $23

problem4: The XYZ firm, whose common stock is currently selling for $40 per share, is expected to pay a $2 dividend in the coming year. If investors believe that the expected rate of return on XYZ is 14%, determine growth rate in dividends must be expected?

[A] 5%

[B] 14%

[C] 9%

[D] 6%