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
NISA [10]
1 year ago
14

the rlx company just paid a dividend of $3.10 per share on its stock. the dividends are expected to grow at a constant rate of 4

.25 percent per year, indefinitely. assume investors require a return of 9 percent on this stock. what is the current price?
Business
1 answer:
lesantik [10]1 year ago
8 0

The current price of the stock is $68.04. The most recent price at which a security was sold on an exchange is the current price.

<h3>Does the market price match the present pricing?</h3>

Both buyers and sellers use the current price as a benchmark. The asking price is a good reflection of current worth, but depending on supply and demand, the actual selling price could be greater or lower.

The current price, often known as the "market price," is the cost that was most recently exchanged for a share or unit of security, coin, good, or precious metal that is traded on an exchange. The market capitalization, or "market cap," of a firm is calculated using the market price per share.

Given:

Current Price = D1/(ke - g)

D1 = 3.10 × (1 + .0425)

ke = 9%

g = 4.25%

Current price = 3.10 × (1+.0425)/(9% - 4.25%) = $68.04

To learn more about current price, visit:

brainly.com/question/14363232

#SPJ4

You might be interested in
At your next meeting with the senior management team, you suggest this, and you're met with a lot of blank looks. The managers d
Nostrana [21]

Answer and explanation:

Under such a scenario, it is important to highlight that the SWOT analysis is useful to spot the internal Strengths and Weaknesses of the firm as well as the external Opportunities and Threats of the market. The SWOT analysis is a helpful tool that allows companies to understand what their core competencies are as well as the components that need improvement. At the same time, the SWOT analysis gives the firm an idea of what are the sectors of the market that could bring potential profits for the entity and which ones represent potential losses.

7 0
3 years ago
Distinguish between small and large office.<br>​
KonstantinChe [14]

Answer:

A small office is usually found in a small organisation because the volume of clerical activities is small.  An example of a large office is a bank. A factory could also be an example of a large office if it has more than ten people working in it. In a large office, work is divided among the many clerical workers.

4 0
2 years ago
Mayra offers to sell her home to Hanna for "about $100,000 plus closing costs" and has no other comments, provisions, or discuss
Ivanshal [37]

Answer:

The most probable result is that the court will declare the contract invalid and non-binding because the purchase price and important terms regarding the consideration involve are too vague and indefinite.

In order for a contract to be considered valid and binding, consideration must exist and the more precise the terms, the better. Consideration is something of value that both parties exchange. In this case it is a house vs. money, but the price is not specified.

4 0
2 years ago
If a firm is worried about distance, country risk, employee morale, intellectual property protection, legal issues, and obtainin
kvasek [131]

Options:

Offshore

Outsource

Keep in-house

Keep domestic

Answer: keep domestic

Explanation: The recruitment options embarked upon by firms may affect the policies or type of processes the firm's employ in overseeing their recruitment process. For firms who seems skeptical about issues relating to distance, legal issues, country risk, morale and other issues listed above, such firms will best be better placed to oversee a hiring process which is restricted to the local environment which the firm is well informed about and devoid of international and legal barriers, oversea culture and mentality which may hamper or affect the required hiring structure of the firm.

6 0
3 years ago
An auto insurance company is implementing a new bonus system. In each month, if a policyholder does not have an accident, they w
andrey2020 [161]

Answer:

50,400

Explanation:

Using application of total expectation, E;

N= Number of policy holders who have zero accidents in one month

P= Probability

N|Low = 400

N|High=600

P|Low=0.9

P|High=0.8

Therefore E = (N|Low*P|Low)+(N|High*P|High)

E=(400*0.9)+(600*0.8)

E=360+480

E=840

Then Total bonus for the year B

B= E*12*5

B=840*12*5

B=50,400

7 0
3 years ago
Other questions:
  • A matrix team for an aerospace company may consist of a project manager, a finance expert, a marketing specialist, a member of p
    10·1 answer
  • John deposited $2,000, at the end of every month for 2 years in a savings account. if the account paid 6% interest, compounded m
    8·1 answer
  • Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
    13·1 answer
  • Strickland Company owes $202,900 plus $18,600 of accrued interest to Moran State Bank. The debt is a 10-year, 10% note. During 2
    10·1 answer
  • Suppose you examine the central bank’s balance sheet and observe that since the previous day, reserves had fallen by $100 millio
    14·1 answer
  • At the end of its first year, the trial balance of Nygaard Company shows Equipment 532,900 and zero balances in Accumulated Depr
    5·1 answer
  • Under __________ requirements, the union must apply the terms of contract equally to all bargaining-unit employees. question 15
    9·1 answer
  • The following data are given for Harry Company:
    14·1 answer
  • A clothing retailer offers a larger
    8·2 answers
  • A buyer particularly liked the ornate brass lighting fixtures in a seller's house and immediately made an offer, which the selle
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!