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MariettaO [177]
3 years ago
10

A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves

tors' required rate of return is 14.2%, what is the stock price
Business
1 answer:
BlackZzzverrR [31]3 years ago
3 0

Answer:

$11.98

Explanation:

A share of common stock just made a dividend payment of $1.00

The expected long-run growth rate of for this stock is 5.4%

= 5.4/100

= 0.054

The investors required rate of return is 14.2%

= 14.2/100

= 0.142

The first step is to calculate the dividend year 1(D1)

D1= Do(1+g)

= 1(1+0.054)

= 1×1.054

= $1.054

Therefore, the stock price can be calculated as follows

Po= D1/(rs-g)

= 1.054/(0.142-0.054)

= 1.054/0.088

= $11.98

Hence the Stock price is $11.98

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5 0
1 year ago
A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do
maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

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On March 1, a business paid $3,840 for a twelve-month liability insurance policy. On April 1, the business entered into a two-ye
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Answer:

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4 0
3 years ago
Some large hardware stores such as home depot boast of carrying as many as 20,000 different products in each store. this volume
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3 years ago
Identify the steps to conducting a simulation in the correct order. (1 point) state the problem or question, state the assumptio
NeTakaya

<span>Simulation is an imitation of a situation or a chance behavior that accurately reflects the situation under consideration. </span>

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• State the assumptions,

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• Simulate many repetitions
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6 0
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