1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kow [346]
2 years ago
11

The RLX Company just paid a dividend of $3.20 per share on its stock. The dividends are expected to grow at a constant rate of 4

percent per year indefinitely. Investors require a return of 10.5 percent on the company's stock.
SAT
1 answer:
r-ruslan [8.4K]2 years ago
4 0

Based on the dividend paid, the dividend growth rate, and the required return, the price of the stock is $51.20

<h3>What is the price of the stock?</h3>

This can be solved by the Gordon Growth Model:

Price of stock = Next dividend / (Required return - growth rate)

Solving gives:

= (3.20 x 1.04) / (0.105 - 0.04)

= 3.328 / 0.065

= $51.20

Question is:

Find the price of the stock

Find out more on the Gordon Growth Model at brainly.com/question/18760464

#SPJ1

You might be interested in
4. My grandmother used to wear eyeglasses in reading newspapers. Eyeglass is
Elena L [17]

Answer:

4 transparent material

5 opaque material

8 0
3 years ago
Read 2 more answers
Find the output for the graph<br> y = -3x + 11<br> when the input value is -4.
Svet_ta [14]

Answer:

x = -7

Explanation:

y = -3(-4) + 11

= 12+11

= 23

That's an equation

But if it's a graph; +12, +11

7 0
2 years ago
PLS HELP ASAP!!! Task: Choosing a College or Training Program
Bumek [7]

Answe

The University of Baltimore

ACCT: Accounting. ACCT 201 INTRODUCTION TO FINANCIAL ACCOUNTING (3) ...

state tuition 21,456 USD

sat

no

Explanation:

6 0
3 years ago
Match the educational focus with the appropriate type of california school. Grants master’s and baccalaureate degrees, and focus
aksik [14]

Answer:

CSU : grants masters and baccalaureate degrees, and focuses on liberal arts and sciences


UC: grants doctoral master’s and baccalaureate degrees and is a primary research institution


CC: grants associate degrees and professional certificates and provides vocational training

Explanation:

6 0
3 years ago
Help me plzz baldi is killing me aswer this plz help
sattari [20]

Answer:

Here is your answer before u get whooped with da ruler

7.8789788e+20

Brainliest please?

Dont forget to smash that heart at the bottom

Have a great day!!!

(P.S. in the baldi game the last answer which would be the weird noise is not a regular math answer)

7 0
3 years ago
Other questions:
  • Does interstate 22 runs north to south or east to west
    10·1 answer
  • If we die what would happen
    7·2 answers
  • Please Help <br> If m∠DBC = 10x and m∠ACB = 4x2- 6, find m∠ ACB.
    13·1 answer
  • What is national tree of japan?​
    11·1 answer
  • The number of sp 2 hybrid orbitals on the carbon atom in co 3 2– is
    5·1 answer
  • Which of the following statements apply to the variation in human skin color?
    5·1 answer
  • How many moles of h2o are produced when 64. 0 g c2h2 burn in oxygen?.
    15·1 answer
  • Martin receives an e-mail about a money-making opportunity from a sender who asks for his bank account number. The best way to a
    6·2 answers
  • What is the repeated-measures t statistic for a two-tailed test using the following scores
    10·1 answer
  • Truck dispatcher training manual PDF free
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!