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balandron [24]
3 years ago
10

Upton co. Is growing quickly. Dividends are expected to grow at 20 percent for the next three years, with the growth rate fallin

g off to a constant 5 percent thereafter. If the required return is 14 percent and the company just paid a dividend of $2.50, what is the current share price? (do not round intermediate calculations. Round your answer to 2 decimal places,
e.G., 32.16.)
Business
1 answer:
Masteriza [31]3 years ago
7 0

<em>The answer to your question is 7.</em>

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Answer:

Option A is correct.

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Explanation:

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Answer 45k ...

Explanation:

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2 years ago
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7 0
3 years ago
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Allen Lumber Company had earnings after taxes of $750,000 in the year 2015 with 300,000 shares outstanding on December 31, 2015.
GarryVolchara [31]

Answer:

Earning per share for the year 2016 is $2.68

Explanation:

For computing the earning per share, we have to use the formula of earning per share which is shown below:

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And, the total number of outstanding shares equals to

= 2015 shares + 2016 shares

= 300,000 + 50,000

= 350,000

Now put these values to the above formula

So, the earning per share would be equals to

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= $2.68

The earning after tax is not considered. Thus, it is ignored.

Hence, earning per share for the year 2016 is $2.68

4 0
3 years ago
Online and offline marketing content is meant to drive action, which requires a focus on buyers problems. Effective brand journa
Elena-2011 [213]

Answer:

Stories  

Explanation:

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