1. Currently Digby is paying a dividend of $1.52 (per share). If this dividend stayed the same, but the stock price rose by 10% what would be the dividend yield?
27.43%
3.65%
4.74%
2.92%
2. Digby's balance sheet has $94,847,000 in equity. Further, the company is expecting net income of 4,000,000 next year, and also expecting to pay $5,000,000 in dividends. If there is no new stock issued what will be Digby's book value?
$93,847,000
$48,704,000
$103,847,000
$38,704,000