Danny is considering a stock purchase. The stock pays constant annual dividends of $1.54 per share and is currently trading at $21.27. Danny's required rate of return for this stock is 14.1%. Should he buy this stock?

No he should not buy this stock.

Explanation:

The stock pays a constant dividend thus it means it is a zero growth stock. The formula to calculate the fair price of a zero dividend growth stock is as follows,

P = D / k Where D represents dividendk represents required rate of returnP = 1.54 / 0.141 = 10.92

The fair price of the stock according to the Dividend discount model is 10.92 while the stock is trading at 21.27 which means that the stock is overpriced. So, it should not be purchased.

Can you show me a pic of the market so i can ?

Z-gadgets has developed a mini-laptop that will be marketed in developing countries. it is estimated that the requirement for the new product will start out slow and accelerate as the product becomes increasingly familiar to worldwide consumers. to begin to staff the new production facilities, the company should conduct a(n):   demand forecast