1. RAM Co just paid a dividend of $3.00, and expects an annual dividend growth rate of 3% indefinitely. What is the expected dividend a year from now?
2. ADR Bank preferred stock pays an annual dividend of $2.75 per share. If the stock is currently selling for $27.50 per share, what is the expected rate of return on this stock? how do you solve this on excel?
3. PDQ Co just paid a dividend of $2.00, and expects an annual dividend growth rate of 6% indefinitely. What is the expected dividend a year from now?