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Serjik [45]
3 years ago
9

A stock just paid a dividend of $4.01 and is expected to maintain a constant dividend growth rate of 4.7 percent indefinitely. I

f the current stock price is $66, what is the required return on the stock?
Business
1 answer:
svlad2 [7]3 years ago
4 0

Answer:

11.06%

Explanation:

According to the given situation, the computation of the required return on the stock is shown below:-

Required rate of return = Current Dividend × (1 + growth) ÷ Current Price + Growth

= $4.01 × (1 + 4.7%) ÷ 66 + 4.7%

= 11.06%

Therefore for computing the required rate of return we simply applied the above formula.

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How much increase in net worth (equity) would a market basis balance sheet show over a cost basis if Land was purchased for $1,0
Pachacha [2.7K]

Answer: $4,050,000

Explanation:

Increase in net worth shows the after tax gain that the person got after the land in question increased in value.

= (Current value - Purchase price) * ( 1 - tax rate)

= (5,500,000 - 1,000,000) * (1 - 10%)

= 4,500,000 * 0.90

= $4,050,000

3 0
3 years ago
A truck driver fell asleep at the wheel and his freight truck tipped over, leaking ammonia into the air and requiring an evacuat
Katena32 [7]
They both could be working together to find out how and when the truck driver would have fallen asleep and what could have caused him to fall asleep. Next, they could both figure out if the ammonia was in sealed containers and if not why. You could even come to the conclusion of the ammonia could have leaked from the containers and exposed the driver putting him to sleep. 
8 0
3 years ago
For the following three types of project life cycle, extensively explain their similarity and diffrence by the giving your examp
grin007 [14]

The differences between the project life cycle that includes the baum cycle, unido project cycle and the depsa project cycle is the established phase for drawing a project.

<h3>What is a project life cycle?</h3>

This refers to the organized way of viewing the entirety of a project that:

  • establishes the steps to complete a project
  • helps to maintain focus and momentum
  • creates better defined high-level stages of completion

The Baum project cycle in project management consist of the phae that includes Identification, Preparation, Appraisal, Negotiation, Implementation & Supervision and Evaluation

The Depsa project cycle from the sentence Development Project Studies Authority is a project cycle that comprises three major phase.

Read more about project life cycle

brainly.com/question/25231696

#SPJ1

7 0
1 year ago
Lester's Fried Chick'n purchased its building 11 years ago at a cost of $189,000. The building is currently valued at $209,000.
liberstina [14]

Answer:

$251,000

Explanation:

The computation of the total  book value of the firm's assets is shown below:

= Historical cost of building + cost of other fixed asset - total depreciation charged on the various assets + current liabilities + net working capital

= $189,000 + $56,000 - $49,000 + $36,600 + $18,400

= $251,000

We added the other cost which is computed above and deduct only the total depreciation so that the total book value of the firm's asset has come

4 0
3 years ago
When A customer returns goods to the business
AysviL [449]

Answer:

If there's no options to select it would be a refund which that customer can exchange that item for a different or identical item or they can get store credit or money back

Explanation:

5 0
3 years ago
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