Answer:
Home Parties is paying an annual dividend of $1.78 every other year. The last dividend was paid last year. The firm will continue this policy until two more dividend payments have been paid. Three years after the last normal dividend payment, the company plans to pay a final liquidating dividend of $32 per share. What is the current market value of this stock if the required return is 14.7 percent?
The current market value of this stock = $16.78.
Explanation:
Current market value of this stock = $1.78/1.147 + $1.78/1 .147∧3+ $32/1.147∧6
Current market value of this stock= 1.55187 + 1.78/1.509 + 132/2.27709
Current market value of this stock= 1.55187 + 1.17959 + 14.053
The current market value of this stock = $16.78.
Answer:
23.12%
Explanation:
Internal rate of return (IRR) is the rate at which the Net present value (NPV) of a project equals to zero.
Using a financial calculator and the CF function, input the following to find IRR;
Initial investment; CF0 = -1,200,000
Yr1 cashflow inflow ; C01 = 235,000
Yr2 cashflow inflow ; C02 = 412,300
Yr3 cashflow inflow ; C03 = 665,000
Yr4 cashflow inflow ; C04 = 875,000
Then key in IRR CPT = 23.119%
Therefore, the Internal rate of return this expansion is 23.12%
The shareholders have the authority to remove a director in this scenario when only one member of the board of directors refuses to step down.
What is board of directors?
A board of directors, also known as the board or simply the board, is an executive committee that collectively oversees the operations of an organisation. This organisation may be for-profit or nonprofit, such as a <u>company, nonprofit, or government agency</u>.
Governmental regulations, including the corporate law of the applicable jurisdiction, as well as the organization's possess constitution and by-laws, set forth the rights, obligations, and obligations of a board of directors. These authorities may determine the number of board members, the process for selecting them, and the frequency of their meetings.
The full membership of an organisation that has voting members, who typically elect the board members, is responsible to and may be subordinate to the board in such an organisation.
Because In general, the sole authority to remove a director rests with the shareholders. A resolution to remove a director must be approved by a majority of shareholders at a special general meeting.
To learn more about board of directors
brainly.com/question/28201050
#SPJ4
