Woidtke manufacturings stock currently sells for 36 a share


Woidtke Manufacturing's stock currently sells for $36 a share. The stock just paid a dividend of $3.75 a share (i.e., D0 = $3.75), and the dividend is expected to grow forever at a constant rate of 3% a year. What stock price is expected 1 year from now? Round your answer to the nearest cent

What is the estimated required rate of return on Woidtke's stock? Round the answer to three decimal places

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Business Management: Woidtke manufacturings stock currently sells for 36 a share
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