财务管文档新理第八节课件.pptVIP

What information is provided in the stock quote? Click on the web surfer to go to Bloomberg for current stock quotes. Reading Stock Quotes 8-* Quick Quiz – Part II You observe a stock price of $18.75. You expect a dividend growth rate of 5%, and the most recent dividend was $1.50. What is the required return? What are some of the major characteristics of common stock? What are some of the major characteristics of preferred stock? 8-* Ethics Issues The status of pension funding (i.e., over- vs. under-funded) depends heavily on the choice of a discount rate. When actuaries are choosi