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ohaa [14]
3 years ago
15

Riverside Motors is expected to pay an annual dividend next year of $3.10 a share. Dividends are expected to increase by 1.85 pe

rcent annually. What is one share of this stock worth at a required rate of return of 15 percent
Business
1 answer:
Vilka [71]3 years ago
7 0

Answer: $23.57

Explanation:

We are going to use growth dividend discount model to solve the question where Do = Div/r - g

where Po = stock price

Div = Estimated dividend for following period

r = required rae of return

g = growth rate

Po = 3.10/0.15 - 0.0185

= $23.57

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Which of the following is a problem that arises in a health insurance market?
alexira [117]

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3 years ago
Hal charges Jim to operate his business within the office building he owns. Identify Hal's source of income
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Hal charges Jim to operate his business within the office building he owns.  Hal's source of income is interest.

<h3>What is interest?</h3>

Interest is a reward paid to an individual who have invested by lending certain amount of money. It is usually paid based on the amount of money borrowed by an individual. Interest is paid on the total amount investment in lending

An individual can sit in the comfort of his house and get paid interest by borrowers or company invested too.

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2 years ago
Select the correct answer from each drop-down menu.
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Answer: 1

Explanation:

6 0
3 years ago
Jorgensen High Tech Inc. is a calendar-year, accrual-method taxpayer. At the end of year 1, Jorgensen accrued and deducted the f
Wittaler [7]

Answer:

$100,000

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