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
Juli2301 [7.4K]
3 years ago
15

Jand, Inc., currently pays a dividend of $1.22, which is expected to grow indefinitely at 5%. If the current value of Jand’s sha

res based on the constant-growth dividend discount model is $32.03, what is the required rate of return? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Business
1 answer:
Anastasy [175]3 years ago
4 0

Answer: 9%

Explanation:

The required rate of return is basically how much an investor is expecting in return for his investment.

The formula for price of stock is =

P = Do(1+g)/rs - g

P = price of stock

Do = dividend

g = growth

rs = required rate of return

We need to find out rs, therefore,

32.03 = 1.22(1+5%)/rs- 5% = 9%

You might be interested in
ALBERTO: Tami, I’ve got a problem. Can we talk for a minute?
aksik [14]

The component of reflective listening that is missing from this conversation is Paraphrasing the expressed.

<h3>Reflective listening Components</h3>
  • Statements like "I see," and  "Okay," are crucial at the beginning of a conversation and in circumstances when there may be worry or discomfort in an Affirming Contact.
  • Clarify any implicit portions of the message, which include ideas and sentiments that are not fully or clearly articulated together with their openly declared message.
  • Paraphrasing the expressed explains to the speaker what was heard, as well as what the listener's feelings and ideas were. utilize a follow-up query occasionally.

Hence, Paraphrasing the expressed is the aspect of reflective listening that is absent from this dialogue.

To learn more about reflective listening refer to:

brainly.com/question/8955472

#SPJ10

8 0
2 years ago
In the context of mobile marketing, ________ are released by businesses to help consumers access more information about their co
Irina-Kira [14]

Answer: Applications (Apps)

Explanation: In mobile marketing companies introduce the use of applications which involves either or both of web apps and mobile apps.

Customers can easily gain access to information about the company on their app and can also interact with the company through their app.

Some purchase can also be made on some companies apps.

7 0
3 years ago
The nature of the tax system means that there is usually a trade-off between ___ and ___.
IgorC [24]

Answer:

<u>equity and efficiency</u>

Explanation:

Under the tax system there is no tax on losses. And also the losses can be carried forward and set off to profits in future.

When profits are earned the taxes are paid. After that the remaining profit is either distributed to equity or retained for future purposes.

The more efficiently the company works, higher will be the profit and higher will be the taxes.

As profit is for equity, and from that share the amount is given to tax authorities, which is some part of income, share of equity to tax.

Though it does not provide for right in company, but it is legal to pay the tax.

That is the price you pay for increasing or decreasing efficiency, in the form of income available for equity.

5 0
3 years ago
Proposed by Richard Hackman and Greg Oldham, _________ states that work has five core dimensions that impact employee satisfacti
jok3333 [9.3K]

According to Richard Hackman and Greg Oldham, Job characteristics explain the effects of five core dimensions of employee satisfaction.  

Explanation:

The research work of Richard Hackman and Greg Oldham mainly relates to the nature of the work with the objective of the working goals to fulfill until it reaches its saturating point. It can be only accomplished only with the mentioned features of the labor like types of skills, the importance of the task, choosing the apt task, self-governance, and the review of the overall performance of the work.

The features of the work are collectively referred to as job characteristics. It will have a positive effect unless the above-mentioned features of the labor are utilized in a proper mix to ensure full employee satisfaction.

4 0
3 years ago
How would a good recordkeeping system help during a tax audit?
cricket20 [7]
It would help keep the person organized
6 0
3 years ago
Read 2 more answers
Other questions:
  • A company purchased a tractor on January 1, 2021, for $65,000. The tractor's useful life is estimated to be 30,000 miles with an
    13·1 answer
  • Grover Company has the following data for the production and sale of 1,900 units. Sales price per unit $ 950 per unit Fixed cost
    9·1 answer
  • Unlike​ wholesalers, _______ do not own the goods that they distribute to​ customers; rather, they serve as independent sales re
    6·1 answer
  • On which of the following levels are databases not used?
    6·1 answer
  • All of the following are ways the WBS helps in managing projects EXCEPT Select one:
    14·1 answer
  • which question or questions should you ask yourself when determining how much money you can afford to spend on a mortgage
    15·1 answer
  • Data Recovery Systems (DRS) has a degree of operating leverage (DOL) equal to 3.2x and a degree of total leverage (DTL) equal to
    9·1 answer
  • Revenue &amp; Sales Corporation and Software, Inc., enter into a contract for the design of custom software for which Revenue &a
    5·1 answer
  • Fun fact: The average person walks past a murderer 36 times in their life It's a fun fact because they didn't kill you.
    8·2 answers
  • A bank has written a call option on one stock and a put option on another stock. For the first option the stock price is 50, the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!