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Akimi4 [234]
3 years ago
15

The Buckeye Corporation expects to pay a dividend of $3.15 per share at the end of next year. The firm expects the dividend to c

ontinue growing at the rate of 8% per year for the foreseeable future. If you require a return of 13% per year, the most you should pay for this stock is ______?
Business
1 answer:
ANEK [815]3 years ago
4 0

Answer:

Answer is $63.

Explanation:

Price = D1/(ke- g) = 3.15/(.13 - .08) = $63

Answer is $63.

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D

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A good story angle attracts attention

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3 years ago
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The Supplies account for Vulcan Cleaning Services had a debit balance of $200 at the beginning of the month. Additional supplies
dmitriy555 [2]

Answer:

$1,000

Explanation:

Beginning balance in supplies account = $200

The supplies account is an asset account and ordinarily should have a debit balance. If additional supplies of $1,400 were purchased during the month, it goes into the account as a debit.

If at the end of the month, only $600 of supplies was still on hand total supplies expense

$200 + $1,400 - supplies expense = $600

supplies expense = $200 + $1,400 - $600

= $1,000

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7 0
4 years ago
________ refers to the process of giving new employees the information they need to do their work comfortably, effectively, and
Pani-rosa [81]

Answer: Orientation

Explanation:

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 The orientation event makes the employees work comfortably, efficiently and the effectively. In this event, the new employees are brief about the company or workplace and their job responsibility.

Therefore, Orientation is the correct answer.

7 0
4 years ago
2. Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye’s asset is $1200. In one year they will
Leto [7]

Answer:

Buckeye Industries has a bond issue with a face value of $1000. The value of Buckeye’s asset is $1200. In one year they will be worth either $800 or $1400. The going rate on T-bill is 4 percent. What is the value of debt, equity, and interest rate on debt?

Explanation:

8 0
3 years ago
Suppose a stock had an initial price of $75 per share, paid a dividend of $1.55 per share during the year, and had an ending sha
charle [14.2K]

Answer:

the Year, And Had An Ending Share Price Of $61. Compute The Percentage Total Return. ... Suppose a stock had an initial price of $72 per share, paid a dividend of $1.20 per share during the year, and had an ending share price of $61.

Explanation:

3 0
3 years ago
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