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
Brut [27]
3 years ago
10

Antiques ‘r' us is a mature manufacturing firm. the company just paid a dividend of $12.30, but management expects to reduce the

payout by 5 percent per year, indefinitely. if you require a return of 9 percent on this stock, what will you pay for a share today? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current share price
Business
1 answer:
marishachu [46]3 years ago
5 0

The constant growth model can be used here even if the dividends are decreasing by a persistent percentage, just make sure to distinguish the negative development. So, the computation for the price of the stock today will be:

P= dividend (1 +reduce payout) / (Return–reduce payout)

P= $12.30(1 – 0.05) / [(0.09 – (–0.05)]

P= $11.69 / 0.14

P = $83.46 is the price you will pay for a share today.

You might be interested in
Mike and Ike, the fruit-flavored chewy candies, needed a major facelift. The brand had a small but loyal core of "munchers." A r
elena55 [62]

Answer:

D. Product and Promotion

Explanation:

Product strategies are strategies to outlines the direction of a product, how it will get there and how it will succeed. They are strategies used in improving products.

By changing the product packaging, the company modified its product strategy.

Promotion strategies are strategies used in promoting or stimulating demand for a company's goods and services. They are designed in a way to mostly inform and persuade the public about purchasing their products and services. By developing a contest geared towards 12 to 17 year olds, the company modified its promotion strategies.

8 0
3 years ago
Read 2 more answers
3. State the difference between limited liability and unlimited liability?​
Crank

Answer:

Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.

Explanation:

3 0
2 years ago
If bids on keywords in a bid strategy are manually overwritten, how long will it take for the bid strategy to resume bidding on
muminat

Answer: 24 hours

Explanation:

When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.

5 0
2 years ago
Draw a demand for dollars curve. Label it D. Draw a supply of dollars curve. Label it S. Draw a point at the equilibrium quantit
brilliants [131]

Answer:

The forces of demand and supply in the market will pull the foreign exchange market into equilibrium.

Explanation:

When there is a surplus of dollar in the foreign exchange market the forces of demand and supply  will pull the foreign exchange market into equilibrium.<em> i.e. The exchange rate will be reduced to bring the exchange market to equilibrium. </em> without change in demand or supply.

attached below is the required graph.

3 0
2 years ago
“Gambler fallacy” is the Believe that if people keep gambling they will eventually win big
Elena-2011 [213]
The answer is False

Hi hope you doing well!
6 0
2 years ago
Other questions:
  • The ways you act, think, and feel describe your _____.
    6·1 answer
  • In 2003 __________, a public policy advisory board made up of representatives from numerous healthcare, trade, and professional
    9·1 answer
  • New Body, a gym, bought new exercise equipment on credit. The purchase price was $10,438.88. They secure the loan with a financi
    9·1 answer
  • ANSWER QUICKLY PLEASE
    14·1 answer
  • Savings account​ balances, small-denomination time​ deposits, and noninstitutional money market fund shares are A. included in b
    12·1 answer
  • Concord Corporation had the following transactions during 2022: 1. Issued $190000 of par value common stock for cash. 2. Recorde
    15·1 answer
  • This is where labor and other factors of production are sold in the circular flow model of income in economic theory *it’s for e
    14·1 answer
  • During January, Year 2, Geo entered into the following transactions: Paid $728 on account for utilities that were used during De
    11·1 answer
  • Assume the following for a company whose sales are all on account: The total asset turnover is 1.8. The average total assets is
    13·1 answer
  • Which is a measure of quality control equal to one fault in one million opportunities problems?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!