Cape Corp. will pay a dividend of $4.50 next year. The company has stated that it will maintain a constant growth rate of 5.25 percent a year forever. a. If you want a return of 18 percent, how much will you pay for the stock

a. $35.29

b. $78.26

Explanation:

Question b. Current stock price if return is 11%

a. Current stock Price (P0) = Next year dividend / (Ke - Growth)

If return is = 18%

Current stock Price = 4.5 / (0.18 - 0.0525 = $35.29

b. Current stock Price (P0) = Next year dividend / (Ke - Growth)

If return is = 11%

Current stock Price = 4.5 / (0.11 - 0.0525) = $78.26

metallurgy is your answer

the "study of metals and the process of refining ("

note that it says metal. metallurgy has the word "metal" in it, and so is most likely your answer (and is your answer).

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answer; /// the correct answer is (shared); /// good luck