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mixas84 [53]
1 year ago
8

let's start by assuming coned just paid a dividend of $2.8 per share yesterday (instead of next period), and you expect this div

idend to grow at 3%. assume cost of equity is 6.5%. the price of coned today is $ (keep one decimal place)
Business
1 answer:
Veseljchak [2.6K]1 year ago
3 0

The price of coned today is  $82.40.

<h3>What is the price of coned today?</h3>

In order to determine the price of coned today, the Gordon constant dividend growth model would be used. According to the model, the price of a stock is a function of its dividends, cost of equity and growth rate.

Price today of the stock = [last dividend payment x ( 1 + growth rate)] / (cost of equity - growth rate)

[2.8 x (1.03) ] / (0.065 - 0.03) = $82.40

To learn more about how to determine the value of a stock, please check: brainly.com/question/18648993

#SPJ1

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In the for-profit business world, decisions to spend money must pass a "cost versus benefit" test, but for nonprofit arts organi
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The cost versus benefit test will not act as a good factor to measure tangible achievement.      

Explanation:

Most of the Non-profit organization has a focus on welfare activities. The benefits can be influenced only by the subjective fulfillment of benefits. Executive members of all trusts are not able to calculate the benefits attained through welfare operations. Such a parameter system of identifying the beneficiaries' prospects of end-users is known as Intangible achievement.

The tangible achievement always lies in the status of invisible movements of each welfare operations. But each step of inducing the effects of cost versus benefit test does not suit to provide the effective to identify the tangible achievements.  

3 0
3 years ago
Describe the types of information employees at an apple store require and compare it to the types of information the executives
labwork [276]
Both must be familiar with the new and old products as well as updates and quick fixes. However those in corporate are in charge of developing new products and keeping the older ones updated.
5 0
3 years ago
10. Asset valuation Andrew and Beth are building their portfolios. Andrew purchases shares in a mutual fund and pays fees to a m
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Answer:

Stock analysts can use fundamental analysis to identify undervalued stocks

Rationale- in stock market , stock analysts know the pros and cons of investing shares in stock market. They have experience to take decision regarding to shares building. With their experience they can easily identify the undervalued stocks and invest shares in valued stocks. Manuel builds his portfolio on the stock analyst.

4 0
3 years ago
Shareholders exercise ownership control through the power of their votes. Group of answer choices False True
vivado [14]

True, Shareholders exercise ownership control through the power of their votes.

<h3>What is Shareholder Ownership ?</h3>

Common shareholders are part of the owners of a corporation, they have bought some shares or stocks of the corporation either through public offerings or the the Stock markets.

As part of the owners of a corporation, common stock holders have certain rights except otherwise stated in the agreement.

  1. The right to vote during the general meeting to decide how the leadership of the corporation will be.
  2. The right to share in the profits of the corporation.
  3. Common shareholders are notified before issuance of new stock.
  4. They have some degree of control over the management selection process etc.

A corporation is owned by it's shareholders as a group. Each shareholder holds a proportion of the share capital of a corporate and has voting rights in proportion of his shareholdings.

Therefore , we can conclude that the statement is TRUE.

Learn more about Shareholder Ownership on:

brainly.com/question/1422887

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5 0
2 years ago
The rule to remember when accounting for bonds sold at a premium or at a discount is that Bonds Payable is always credited for t
Sever21 [200]

Answer:

Cr Bonds Payable account 50,000

Cr Premium on Bonds Payable account 2,000

Explanation:

The complete journal record should be:

  • Dr Cash account 52,000
  • Cr Bonds Payable account 50,000
  • Cr Premium on Bonds Payable account 2,000

Since cash is an asset and it increases, it should be debited.

Since bonds payable and premium on bonds payable are liabilities and they increase, they should be credited.

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