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Andreyy89
3 years ago
15

A share of Lash Inc.'s common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%,

and if investors' required rate of return is 11.4%, what is the stock price?a. $16.28b. $16.70c. $17.13d. $17.57e. $18.01
Business
1 answer:
SVETLANKA909090 [29]3 years ago
6 0

Answer:

D. $17.57

Explanation:

We can apply dividend discounted model (DDM) to value the stock of this company. DDM is stated as below:

Current stock price = Next year dividend/(Required rate of return - Dividend growth rate)

                                  = T[his year dividend x (1 + Dividend growth rate)]/(Required rate of return - Dividend growth rate)

                                  = [1.00 x (1 + 5.4%)]/(11.4% - 5.4%) = $17.57

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Answer:

1.55

Explanation:

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= 25,680 + 45,600 + 249,000

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= Total Current Liabilities + Long-term Liabilities

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= 1.55

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Answer:

The main determinant of profit is in any business is the number of production units.

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Explanation:

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Question 1<br> What is the most important question you should have after seeing this ad about a check cashing business?<br> Why
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The most important question you should have after seeing this ad about a check cashing business is"

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<h3>Is a check cashing business considered a financial institution?</h3>

A money service business is one that is seen as a kind of  a financial institution that is known to be  involved with one or a lot of of the following entities such as:

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So, the most important question you should have after seeing this ad about a check cashing business is"

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3 years ago
If the price elasticity of demand is 1.8 then a 30 percent decrease in the price of the good will lead to a _______ percent incr
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Answer:

The answer is 54percent

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