1. Facebook is expected to pay a dividend of $1.85 next year and $2.00 in the following year, and $2.25 in the following year. Analysts believe that Facebook will hit their price target of $100 in three years. What is the value of Facebook stock if your required return is 10 percent?
2. How do personal factors, discussed in the chapter, influence Dove’s ability to build strong customer relationships?
3. The annual dividend on Harvest inc. stock is $4 per share and the stock's prevailing price is $98 per share. What is the stock's dividend yield?