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
aleksandr82 [10.1K]
2 years ago
9

Mobray Corp. is experiencing rapid growth. Dividends are expected to grow at 26 percent per year during the next three years, 16

percent over the following year, and then 7 percent per year indefinitely. The required return on this stock is 12 percent, and the stock currently sells for $70 per share. What is the projected dividend for the coming year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Business
1 answer:
SVEN [57.7K]2 years ago
5 0

Answer:

D1 = 2.39

Explanation:

Expected Dividend can be found out by solving the following equation attached in the image.

In the formula D1 = expected dividend, Gs = 26%, Gm = 16%, gL = 7%, r =12%

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 2 sheets with the formulas indications.  

You might be interested in
A_____represents a long-term debt obligation issued by a corporation or a government.
nirvana33 [79]

A <u>bond</u> represents a long-term debt obligation issued by a corporation or a government.

Debt obligation method a responsibility to make a repayment of cash to any other man or woman, inclusive of debts payable and the responsibilities springing up beneath promissory notes, payments of trade, and bonds;

A collateralized debt responsibility is a sort of based asset-backed safety. at the beginning advanced as contraptions for the company debt markets but after 2002 CDOs have become cars for refinancing mortgage-backed securities.

Month-to-month Debt obligations approach a purchaser's housing charges, along with month-to-month rent or mortgage fee, and required payments below any debt obligations (which includes the patron's month-to-month charge below the mortgage and insurance for the vehicle to be acquired under the mortgage).

Learn more about debt obligation here: brainly.com/question/24157864

#SPJ4

4 0
1 year ago
The guidance for having infant sleep on their back to reduce the incidence of SIDS has a grade of A. Group of answer choices Pro
Lapatulllka [165]

Answer:

The correct answer is letter "D": Recommendations.

Explanation:

Evidence-based public health (EBPH) practice is the application, and assessment of effective public health programs and policies by applying scientific reasoning principles. It includes several recommendations on basic practices that should be followed to avoid future medical conditions.

6 0
2 years ago
The things that are most important to you are your top __________. A. niceties B. priorities C. peculiarities D. similarities
Svetlanka [38]
The things that are most important to you are your top priorities
8 0
3 years ago
Read 2 more answers
Which one of these is covered by a specific type of insurance policy?
irina1246 [14]

Answer:

A.Off grid homes

Explanation:

Specific type of insurance policy covers the most common perils except those specifically excluded perils such as earthquake, flood, nuclear disaster, landslide.

OFF GRID HOMES refer to homes which are self-sufficient without reliance on  modern technology and public utilities. That means that this homes do not have access to electricity, gas, water, etc.

Therefore, these homes can be insured by a specific type of insurance policy.

4 0
2 years ago
Who wants to buy me?⊇·⊆
Artist 52 [7]

Answer:

buy you what? and I don't think this is the right place lol

7 0
3 years ago
Read 2 more answers
Other questions:
  • Michelle symonds suggested a set of seven deadly sins of project management, that is, the common mistakes that companies commit
    12·2 answers
  • A company undergoing _____ completely redesigns its work processes, hoping for dramatic improvements in the efficiency and effec
    10·1 answer
  • The marginal benefit of an additional beach towel is $12. The marginal cost of producing an additional beach towel is $8. If pro
    13·1 answer
  • John bought 1,000 shares of Intel stock on October 18, 2014, for $30 per share plus a $750 commission he paid to his broker. On
    5·1 answer
  • First, think about the way in which interest on municipal bonds is treated from a federal income tax point view. In this light,
    14·1 answer
  • In terms of corporate social responsibility, MNEs should ______.
    13·1 answer
  • ​________ is the second step in the target marketing process. in this​ step, marketers evaluate segments and decide which segmen
    5·1 answer
  • Choose a contemporary leader (someone you know personally or a public figure). Consider how this individual leads. Discuss what
    11·1 answer
  • A price index is: Multiple Choice the cost of a market basket of goods and services in a base period divided by the cost of the
    14·1 answer
  • Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has investe
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!