Asked by Teresa
General Cereal common stock dividends was $0.79 in 2000 and the last dividend paid was $1.55 per share in 2010. Dividends are expected to continue growing at the historic rate for the foreseeable future.
What is the General Cereal’s current value of a share of this stock to an investor who requires a 12 percent rate of return ?(5)
What is the General Cereal’s current value of a share of this stock to an investor who requires a 12 percent rate of return ?(5)
Answers
Answered by
Ms. Sue
What is the current share price of General Cereal?
However, it's highly unlikely that it will provide a 12% annual return.
However, it's highly unlikely that it will provide a 12% annual return.
Answered by
Teresa
MS. SUE, THE CURRENT SHARE PRICE WAS NOT GIVEN!
Answered by
Ms. Sue
The rate of return is based on the price the shareholder pays for the stock.
Please check with your teacher to see what is expected.
Please check with your teacher to see what is expected.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.