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
Mashutka [201]
2 years ago
14

Kindzi Co. has preferred stock outstanding that is expected to pay an annual dividend of $3.34 every year in perpetuity. If the

required return is 3.59 percent, what is the current stock price?
Business
1 answer:
zhenek [66]2 years ago
3 0

Answer:

The current price of the stock is $93.036

Explanation:

The zero growth dividend model provided by the DDM will be used here to calculate the value of stock today. The stock's dividedn are just like a perpetuity. The value or pirce of a perpetuity is,

P0 = D / r

Where,

D is the dividend

r is the required rate of return

P0 = 3.34 / 0.0359

P0 = $93.036

You might be interested in
When supply increases, the supply curve
MariettaO [177]

When supply increases, the supply curve  shifts to the right.

<h3>What is the supply curve?</h3>

This is the curve that is used to show the amount of goods that the producers would be able to make available for the market at a particular price. The supply curve shifts to the right when there is an increase in supply in the economy.

Hence this answers our question by saying that When supply increases, the supply curve  shifts to the right.

Read more on supply curve here: brainly.com/question/11717727

#SPJ1

5 0
1 year ago
Select the correct answer.
riadik2000 [5.3K]

According to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

<h3>What is responsibility?</h3>

It is the quality of that individual who fulfills his obligations and assumes the consequences of his acts.

Through it, individuals make decisions consciously and take responsibility for the consequences that may arise from them, in addition, it implies the commitment to fulfill agreements and obligations.

Therefore, we can conclude that according to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

Learn more about responsibility here: brainly.com/question/12656357

#SPJ1

7 0
1 year ago
Match the task with professionals who would complete them
kozerog [31]
STEM: nanobiologist, statistician, automotive engineer. 
Information Technology: database administrator, computer help desk technician, video game designer. 
Arts, A/V Technology, and Communications: printing equipment operator, special effects artist, graphics illustrator. 
6 0
3 years ago
Read 2 more answers
Which is an example of new media?
bulgar [2K]

New media are forms of media from computers or that rely on computer/digital technology (old media are phones,radios, etc)

Examples of new media: computers, online databases, you tube, social media networks, online news articles, etc.

3 0
3 years ago
Anita is applying for a job with Greyhound Bus to work as an intercity bus driver. According to a 1974 court ruling regarding Gr
Degger [83]

Answer:

Anita must be age 35 or younger

Explanation:

4 0
2 years ago
Other questions:
  • Which previous case led to product tampering become a crime that falls under fbi jurisdiction?
    8·1 answer
  • On May 20, the board of directors for Auction declared a cash dividend of 50 cents per share payable to stockholders of record o
    15·1 answer
  • Data that are gathered without overt questioning or other types of interactions with consumers have become a new and valuable so
    11·1 answer
  • On January 1, 2018, Martinez Inc. granted stock options to officers and key employees for the purchase of 22,000 shares of the c
    13·1 answer
  • Why is it helpful to include milestones when setting personal performance goals. a) Including milestones allow one to explore ma
    9·1 answer
  • What is the difference between global trade and domestic trade?
    10·2 answers
  • An employee earns $24 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 50 h
    10·1 answer
  • Journalize the following merchandise transactions, using the net method under a perpetual inventory system.
    11·1 answer
  • When there is less money in
    12·1 answer
  • Sneaky Sales Retailing advertised a bicycle for a 40 percent sale price of $449 but when customers came in for the sale, the sal
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!