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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

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Having a child restraint violation is 3 points off your license
8 0
3 years ago
Read 2 more answers
when iron rusts and forms iron oxide, the iron oxide has more mass than the iron. which statement correctly explains this observ
GarryVolchara [31]

The reason why iron oxide has more mass than the iron is because Iron oxide has oxygen atoms, and pure iron does not.

When iron rusts and forms iron oxide, the iron oxide has more mass than the iron. Which statement correctly explains this

observation?

(A)Iron oxide has oxygen atoms, and pure iron does not.

(B)The oxygen atoms in iron oxide have more mass than the iron atoms in pure iron.

(C)The iron atoms in iron oxide have more mass than pure iron.

(D)There are more iron atoms in iron oxide than in pure iron.

When a chemical reaction takes place, other atoms are combined with pure elements to form compounds. This addition of another atom (oxygen) after reaction makes iron oxide formed heavier than pure iron.

Iron oxide is a chemical substance formed when pure iron rusts. The formation of iron oxide is a chemical reaction.

Hence, the correct answer to the question is;  the iron is heavier  because Iron oxide has oxygen atoms, and pure iron does not.

Learn more: brainly.com/question/6284546

8 0
2 years ago
Assume that we use a perpetual inventory system and that five identical units are purchased at the following four dates and cost
quester [9]

The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method.

<h3>How is the cost of discontinuing inventory calculated?</h3>
  • The cost of ending inventory at the conclusion of an accounting period is calculated using the weighted average inventory costing method. The idea behind this approach is to give all inventory units an average cost.
  • In this scenario, the average of the purchase costs from April 5 to April 22 would be taken and multiplied by the number of remaining units to get the cost of the ending inventory on the balance sheet.
  • The five pieces cost a total of $69 ($10 + $12 + $14 + $16 + $17) between April 5 and April 22. The remaining four units would make up the ending inventory as one unit was sold on April 25.
  • Therefore, $17.25 ($69 divided by 4) would be the price of the closing inventory. As the cost of the ending inventory, this sum would be shown on the balance sheet.

To learn more about Cost of the ending inventory refer to:

brainly.com/question/24868116

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7 0
1 year ago
How does henry respond to the claim that the country
vredina [299]

Answer:

Explanation:

What is Henry's answer to the objection that the colonists are not ready to fight against the British? Henry says that there are enough people with the motivation to achieve independence, which he says will easily defeat any other country. He also says that God is on their side and will help them through the battle.

7 0
2 years ago
Determine the net effect on Tamara’s adjusted gross income with regard to these capital asset transactions that occurred this ye
ki77a [65]

Answer:

Explanation:

Sold ABCCo stock, acquired 2 years ago, for a $1,500 loss.Sold collectible coins, held for 17 months, for a $2,000 gain.Sold XYZCo shares, acquired 6 months ago, for a $4,100 loss.Sold LMNCo stock, acquired 3 years ago, for a $500 gain.(-1500+2000+500) = 1000 LTCG – 4100 = 3100 STCL

$3000 yearly limit; 100 is carry forward next year

3 0
4 years ago
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