1. Emery Company just paid a dividend yesterday of $2.25 per share. The company's stock is currently selling for $65 per share, and the required rate of return on DRE Company stock is 14%. What is the growth rate expected for Emery Company dividends? (Round your answer to the nearest two decimal places.)
9.38% 10.19% 10.84% or 11.35%
2. Calculate the effective annual rates for the following:
a. 24% compounded daily
b. 24% compounded quarterly
c. 24% compounded every four months
d. 24% compounded semi-annually
e. calculates the effective monthly rate for parts (a) to (d)