Treasury stock are issued shares of common stock

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Questions

1. Treasury stock are issued shares of common stock that the firm has given to charitable entities.

True or False

2. Diddly Co. has a current market price of $25. Their most recent dividend was $1.20, growth rate of 8%, and my required return is 13%. The value for the stock is $____.

3. Continuing with Diddly Enterprice...the stock should be purchased at the current trading price of $25.

True or False

4. BLUE's most recent dividend was $.90. Their stock is trading at $23. What is the expected return % if their growth rate is 4%?

Reference no: EM133370657

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