You are given the following quotes: U.S. dollar/Brazilian Real = 0.257 U.S. dollar/Australian Dollar = 0.6851 U.S dollar/Chinese Yuan = 0.1947 What is the Brazilian Real/Chinese Yuan cross rate? Enter your answer rounded off to FOUR decimal points.
ABC Company's last dividend was $3.8. The dividend growth rate is expected to be constant at 7% for 4 years, after which dividends are expected to grow at a rate of 4% forever. The firm's required return (rs) is 8%. What is its current stock price (i.e. solve for Po)?