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sertanlavr [38]
3 years ago
13

Symon's Suppers Co. has announced that it will pay a dividend of $4.19 per share one year from today. Additionally, the company

expects to increase its dividend by 4.2 percent annually. The required return on the company's stock is 10.4 percent. What is the current share price?
Business
1 answer:
worty [1.4K]3 years ago
3 0

Answer:

$67.6

Explanation:

MV=D1/(Ke-g)

D1=4.19

g=4.2%

Ke=10.4%

MV=4.19/(10.4%-4.2%)

MV=$67.6

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there is 12,548,067 13 year old female children in the U.S that is 17% per a 2019 survey

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Masters Corp. issues two bonds with 20-year maturities. Both bonds are callable at $1,050. The first bond is issued at a deep di
I am Lyosha [343]

Answer:

Explanation:

a)

The YTM of the bond at par value is equals to its coupon rate, 8.75%. Other things being equal, this 4% coupon rate bond will be more eye-catching as the coupon rate is lower than the current market yields, and its price is far below the call price. So, if yields drop, capital gains on the bond will not be restricted by the call price.

b)

If an investor foresees that yields will fall considerably, the 4% bond proposes a better expected return.

c)

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3 0
3 years ago
Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C
Vitek1552 [10]

Answer:

Bruce Corporation

Minutes of Grinding Machine Time required to satisfy demand for all four products:

Total Grinding Machine Time

Product A  = 4.10 minutes * 4,300 demand units = 17,630 minutes

Product B  = 5.60 minutes * 4,300 demand units = 24,080 minutes

Product C  = 4.60 minutes * 3,300 demand units = 15,180 minutes

Product D  = 3.70 minutes * 2,300 demand units = 8,500 minutes

Total = 65,400 minutes

Explanation:

The total minutes of Grinding Machine Time required to satisfy monthly demand for each product is calculated by multiplying the units demanded by the grinding minutes per unit.

This gives total minutes required for each product.  Then, when they are summed, the total Grinding Machine Time is obtained.

This total can be compared to the total available minutes per month of 53,900 to obtain the additional minutes required above the minutes available in order to satisfy the products' demands.

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Explanation:

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Which of the following is a service fee? an amount of money a bank charges?
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Explanation:

When someone charges you money for them to do something it is called a service fee

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