Business
Business, 17.04.2020 04:31, amandapill

The LetsStayHome Company expects their dividends and earnings to grow at a constant rate of 2% a year into the foreseeable future. Currently the market is requiring a 7.5% rate of return on their stock. The last, most recent dividend paid was $2.15/share.

a) What is the current price of the stock?b) (2 pts) what is the current capital gains yield on this stock?c) (2 pts) What is the current dividend yield on this stock?

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Answers: 2

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The LetsStayHome Company expects their dividends and earnings to grow at a constant rate of 2% a yea...

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