Stock Values
The next dividend payment by ASAP, Inc., will be $2.00 per share. The dividends are anticipated to maintain a 4 percent growth rate, forever. If ASAP stock currently sells for $14.75 per share, what is the required return?
Required Return: ____________%
What is the dividend yield? What is the expected capital gains yield?
Dividend yield: ____________% Capital Gains Yield: ____________%