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
goblinko [34]
4 years ago
6

The Francis Company is expected to pay a dividend of D1 = $1.25 per share at the end of the year, and that dividend is expected

to grow at a constant rate of 6.00% per year in the future. The company's beta is 1.70, the market risk premium is 5.50%, and the risk-free rate is 4.00%. What is the company's current stock price? Do not round intermediate calculations.

Business
1 answer:
Aleksandr-060686 [28]4 years ago
8 0

Answer:

The company's current stock price is $27.17

Explanation:

Please see attachment

You might be interested in
(c)
ladessa [460]

Answer:

The changes suggested increase income by 16,000 therefore is a good idea to made the changes

Explanation:

Your Mistake is that fixed expenses should remain constant with a sales increase

                     Current                  New

Sales             $800,000       $ 912,000

Variable        $ 480,000      $ 576,000

Contribution $ 320,000      $ 336,000

<u>Fixed             $ 270,000     </u><u><em> $ 270,000  </em></u>

Net Income   $  50,000      <em> $  66,000</em>

<em></em>

<em></em>

7 0
3 years ago
What is unlimited liability?
Vladimir [108]
Unlimited liability<span> refers to the legal obligations general partners and sole proprietors because they are </span>liable<span> for all business debts if the business can't pay its </span>liabilities<span>.</span>
6 0
3 years ago
Your friend Burrell says that the government should hire fewer social workers in order to reduce the cost of federal assistance
BARSIC [14]

Answer: b) peoples' responses to financial incentives.

Explanation:

Burrell would be wrong because the most leakage in federal assistance programs comes from the way people respond to financial incentives.

Some people who have received this assistance from the Federal government have decided that it would be better to keep receiving this assistance instead of working to actually get paid.

This has led to more people seeking assistance thereby increasing the number of people needing assistance and invariably increasing the cost of these federal assistance programs.

4 0
3 years ago
Globalization is the process of
Gwar [14]

Answer:

Connecting the world over time

Explanation:

Is the process of interaction of businesses and exchanges worldwide.

7 0
3 years ago
Outstanding stock of the Blossom Corporation included 30000 shares of $5 par common stock and 8000 shares of 5%, $10 par non-cum
Arlecino [84]

Answer:

$6,500 was distributed to preferred shareholders

Explanation:

Dividend distributed to preferred share is based on the predetermined rate associated with these share. When the dividend is declared preferred share dividend is paid first. The remainder is distributed between the common stockholders.

Value of Preferred share = 8000 shares x $10 par value = $80,000

Preferred Dividend = $80,000 x 5% = $4,000

Accrued dividend of 2016 = $4,000 - $1500 = $2500

Total Dividend Accrued = $2,500 + $4,000 = $6,500

3 0
3 years ago
Other questions:
  • Hurricane Wings has budgeted the following costs for a month in which 24,000 wings will be cooked and sold. Wings, breading, and
    10·1 answer
  • CAPM says that portfolio returns are best explained by: Group of answer choices Systematic risk Specific risk Economic factors D
    13·1 answer
  • Calculate the annual cash flows (annuity payments) from a fixed-payment annuity if the present value of the 15-year annuity is $
    5·1 answer
  • A fruit company has 20% returns in periods of normal rainfall and –3% returns in droughts. The probability of normal rainfall is
    15·1 answer
  • Which of the following is correct? Both purely competitive and monopolistic firms are "price takers." Both purely competitive an
    13·1 answer
  • Which of the following statements is true of organizational behavior knowledge? 1 point A. It is relevant to everyone who works
    15·1 answer
  • The rate at which a stock's price is expected to appreciate (or depreciate) is called the _____ yield.
    10·1 answer
  • Charles Berkeley, Inc. just paid an annual dividend of $3.60 per share on its stock. The dividends are expected to grow at a con
    9·1 answer
  • 32 POINTS! Please answer QUICKLY! Giving away a product for free can be a good business practice. Why is this TRUE?
    8·2 answers
  • Work performance information and cost forecasts are main outputs of which process
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!