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Question 1 The company A’s stock has paid dividends of $1.75 over the past 12 months. Its historical growth rate of div

Posted: Mon Jan 17, 2022 8:09 am
by answerhappygod
Question 1
The company A’s stock has paid dividends of $1.75 over the past 12
months. Its historical growth rate of dividends has been 5% but
analysts expect the growth rate to be 6% annually for the
foreseeable future.
solves
i) Determine the value of the stock if the
required rate of return on stocks of similar risk is 11%. Please
show each step of your calculation.
ii) If analysts believe the risk premium on the
stock should be decreased by 0.5%, what is the new required rate of
return on company A’s stock? What is the percentage change in price
compared with part i)? Please show each step of your
calculation.