1. A Corporation just paid a dividend of $1.5 per share, and that dividend is expected to grow at a constant rate of 7.00% per year in the future. The required return is 17%. What is the company's current stock price?
2. The beta of M Simon Inc., stock is 1.4, whereas the risk-free rate of return is 0.06. If the expected return on the market is 0.13, then what is the expected return on M Simon Inc?
3. The risk-free rate of return is currently 0.05, whereas the market risk premium is 0.05. If the beta of RKP, Inc., stock is 1.9, then what is the expected return on RKP?