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
IrinaVladis [17]
3 years ago
11

BREMCO recently paid a $2.80 annual dividend on its common stock. This dividend increases at an average rate of 3.8 percent per

year. The stock is currently selling for $26.91 a share. What is the market rate of return
Business
1 answer:
Paraphin [41]3 years ago
3 0

Answer:

14.60%

Explanation:

The computation of market rate of return is shown below:-

Market rate of return = (Dividend × (1 + Growth rate)) ÷ Current price of stock + Growth rate

= ($2.8 × (1 + 3.8%)) ÷ 26.91 + 0.038

= ($2.8 × 1.038) ÷ 26.91 + 0.038

= $2.9064 ÷ 26.91 + 0.038

= 0.108 + 0.038  

= 14.60%

So, for computing the market rate of return we simply applied the above formula.

You might be interested in
Harvest master, a maker of farm equipment based in nebraska, is planning to send a u.s. marketing manager to lead a product laun
joja [24]

<span>The options attached to the question above are given below:</span>

<span>A. </span>The culture of the host country is likely to be much more individualistic than U.S. culture is.

 B. The manager will have greater difficulty finding educated workers in the host country than in the United States.

 C. The manager may not be familiar with the host country’s language.

D. The host country will likely tax a larger percentage of the manager’s income than the United States would.

E. The host country will likely have few protections for its workers.

ANSWER

The correct option is D.

A socialist system is a type of economic system in which the factors of production are jointly owned by all the citizens and production affair is regulated by the government. Such a country does not encourage individuals to operate personal business. Thus, such a country will lay high tax on the income of the manager in order to discourage him from selling his machine in their country.

8 0
3 years ago
Select all that apply. Select all the items that describe price.
amid [387]
2. and 4., hope this helped!

3 0
3 years ago
Read 2 more answers
Which of the following statements regarding perpetuities is​ FALSE? A. A perpetuity is a stream of equal cash flows that occurs
Xelga [282]

Answer:

The answer is: C) PV of a perpetuity​ = StartFraction r Over Upper C EndFraction (I guess this means PV = r / C, which is FALSE)

Explanation:

The formula for calculating the present value of a perpetuity is:

                        PV = C / r

Where PV = Present Value, C = cash flow, r = discount rate.

A perpetuity is a stream of equal cash flows that lasts forever (perpetually).

The formula for calculating the present value of a perpetuity is simple, so there is no reason to spend time calculating the present value of each cash flow, since there are infinite cash flows.

A consol bond s a type of perpetuity issued by the British government (also by the US government)

7 0
3 years ago
Which of the following should you consider first when trying to pya for higher education?
Elan Coil [88]

Answer:

u should try to get a scholarship, u didn't get off any answers

7 0
3 years ago
You are an underwriter for ABC Insurance. You receive a life insurance proposal for medical insurance with premium payment. The
Stella [2.4K]

do you want money i will give you

3 0
3 years ago
Other questions:
  • Nicholas initially invested $2,400 in a technology company. The company recently paid annual dividends of $22 and his year-end i
    14·1 answer
  • A company has an investment project that would cost $10 million today and yield a payoff of $15 million in 4 years.
    12·1 answer
  • use the cost index method to estimate the current construction cost for a building equivalent to one constructed in 1980 at a co
    9·1 answer
  • A reinforcement is given for the first response after a variable time interval has elapsed in a _____ schedule.
    12·1 answer
  • The following selected transactions were completed by Capers Company during October of the current year:
    14·1 answer
  • In response to rising inflation, the Federal Reserve may sell government securities in open market operations in order to:
    5·1 answer
  • Bill owns a company called Wild Bill's Bracelets that sells custom jewelry. He launched a Search campaign to drive sales of his
    8·1 answer
  • Imagine that you own a company that sells computer parts.
    12·2 answers
  • If a company spends $20 million to install new footwear-making equipment with capacity to produce 1 million pairs of athletic fo
    12·1 answer
  • Question 20 of 20 Not keeping track of inventory costs would most likely result in: A. items sitting in inventory for long perio
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!