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
Airida [17]
3 years ago
7

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.90, but management expects to reduce the p

ayout by 5 percent per year indefinitely. If you require a return of 12 percent on this stock, what will you pay for a share today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
GrogVix [38]3 years ago
6 0

Answer:

The price of the stock is $66.5

Explanation:

The constant growth model of the DDM approach will be used to calculate the price of such a stock today.

The formula for the constant growth model is,

P0 or V = D0*(1+g) / r - g

As the growth rate in the company's dividedn is negative, the growth rate will be -5%.

The price of the stock is,

P0 = 11.9 * ( 1 - 0.05) / 0.12 + 0.05

P0 = $66.5

You might be interested in
12. The equation: quantity of output supplied = natural rate of output + a(actual price level - expected price level), where a i
PtichkaEL [24]

Answer:a. an upward-sloping short-run aggregate supply curve

Explanation:

variable a represent an upward sloping short run aggregate supply curve.

The slope of the supply curve is positive which tells us that the quantity supplied has a positive relationship with Price.When price increases the quantity supplied will increase because the law of supply states that more quantity is supplied at a higher price

7 0
3 years ago
Who is the founder of toyota
alexira [117]
The answer is <span>Kiichiro Toyoda</span>
8 0
3 years ago
Read 2 more answers
When an employee comes late to the office, an internal attribution will occur if there is low _____, low ______ and high _____.
coldgirl [10]

Answer:

B. consensus; distinctiveness; consistency.

Explanation:

Internal attribution: It is the case of human behavior that causes the attribution, such as ability, skills, personality, etc. it is also known as dispositional attribution. In this case, individual does not blame external factor or attribution, instead, they use an internal cause for their behavior.

In the given case, the employee comes late to the office, he will use internal attribution for his behavior if there is low consensus, low distinctiveness of other factors  and high consistency of getting late.

3 0
3 years ago
Legal capital is best defined as
Vanyuwa [196]

Answer:

b. the par value of all capital stock issued.

Explanation:

As per the business format, capital of a company is the value of share capital.

Now, also legal capital means the share capital issued as this reflects the legal share of individual investors in the company.

Authorized capital is the value of maximum capital that can be issued by the company in the form of equity shares.

Issued capital is that part of authorized capital that is actually issued.

And therefore, the par value that is the face value of shares issued, that is equity issued is the legal capital of the company.

7 0
3 years ago
Improvement Planning is part of the __________ process:
hoa [83]
Improvement Planning is part of the A.) PROJECT MANAGEMENT process.

Project management process includes initiating, planning, executing, controlling, and closing the work of the team to achieve specific goals based on a specific criteria.

Improvement planning is in the latter part of the project management process wherein it is done after feedback from initial execution is given.
4 0
3 years ago
Other questions:
  • When is it appropriate to use other people's software?
    6·1 answer
  • What is urban economics
    14·1 answer
  • Lane co. has a machine that cost $500,000. it is to be leased for 20 years with rent received at the beginning of each year. lan
    5·1 answer
  • Cumulative preferred stock means the stock is entitled to its regular dividend plus an additional share of the total amount of d
    11·1 answer
  • Sharon Lee wants to accumulate $10,000 by the end of 12 years. If the annual interest rate is 8.00 percent and interest compound
    5·1 answer
  • When recording the payment of interest using the effective-interest method, the entry will include a ______ to Discount on bonds
    7·1 answer
  • Marketers should keep a close eye on the ___________ environment in order to ensure that their product sales don't decline when
    14·1 answer
  • The six steps for recording a business transaction in the general journal are shown below, out of order. In your working papers
    9·1 answer
  • What institution will Martha's lender check before granting or denying a loan or mortgage to Martha?
    10·1 answer
  • What do researchers mean by "secondary data"? A. Data collected specifically for the researcher's own study B. Information from
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!