SHOW ALL WORK PLEASE TO GET RATING. Question 1 (25 points): You observe...
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SHOW ALL WORK PLEASE TO GET RATING.
Question 1 (25 points): You observe the forward dividend for Starbucks Corporation (SBUX) at $1.80 per share. The stock close price over the past 5 trade days are $115.61, $117.50, $117.68, $116.56, $115.89. (i) What is the average stock price for the past 5 trade days? [10 points] (ii) What is the dividend yield based on the average stock prices over the past 5 trade days (rounded to thousandths, i.e. x.xxx)? [15 points]
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