You've collected the following information from your favorite financial website. 52- Week Price Close Price...
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You've collected the following information from your favorite financial website. 52- Week Price Close Price Hi 79.20 Lo 10.61 Div PE Yld % Ratio 3.4 6 3.8 10 15.70 40.43 33.42 55.81 130.93 50.24 35.00 Stock (Div) Palm Coal.54 Lake Lead Grp 1.54 SIR 2.00 DR Dime 80 Candy Galore 32 Net Chg - 24 -.01 3.07 -26 .18 69.50 13.95 20.74 2.2 5.2 1.5 10 6 28 88.97 15.43 ?? According to your research, the growth rate in dividends for Palm Coal for the previous 10 years has been 4 percent. If investors feel this growth rate will continue, what is the required return for Palm Coal stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return %
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