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
lora16 [44]
3 years ago
5

Mitchell, Inc., is expected to maintain a constant 6.05 percent growth rate in its dividends, indefinitely. If the company has a

dividend yield of 4.55 percent, what is the required return on the company’s stock? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Required return %
Business
1 answer:
Mashutka [201]3 years ago
5 0

Answer:

Required Return = 10.60%

Explanation:

If there is no dividend and stock price in a question, then we have to calculate it from the required return's point of view.

The required return of a stock is the combination of two parts - dividend yield and a capital gain of dividend yield.

Therefore, the formula is,

The required return of the stock = Capital gains yield + dividend yield

Here, the dividends growth rate is the capital gains yield, therefore,

Required return of the stock = 6.05% + 4.55%

The required return of the stock = 10.60%

You might be interested in
Cargill, Inc. is finally earning a profit on the unique product it introduced six months ago. Cargill's advertising is both info
Anni [7]
What is your question?? :))
8 0
3 years ago
Which of the following approaches would be best for gaining more insight into the problem? a. Call managers at other Kroger stor
IgorC [24]

Answer:

(c) Interview customers to get their opinion about the checkout process  

Explanation:

Customers are those who buy goods or receive services from a business owner. Customers may sometimes not be the consumers because the customers may buy from the company and sell to other people to consume. The customers may also be the consumers at times when they consume what they bought. If customers do not buy from the business owners, they won't be consumers, thou consumers are gods in today's market and life wire of any business.Once customers are satisfied with the products and services provided to them by the company, they will continue to patronize the company and never substitute it for another company.Most companies start having problems or loose customers due to  nonsatisfaction of goods and services render by the company. Therefore, interviewing the customers to get their opinion about the checkout process is the best approach for gaining more insight into the problem because they are in the best position to state why they are not patronising the company's product again.

3 0
3 years ago
Company openness depends on the strength of the company’s grapevine.<br> a. True<br> b. False
Morgarella [4.7K]

Answer:

The correct answer is: False

Explanation:

4 0
3 years ago
To prepare for his test on tuesday morning, harry studied on monday night. he remembered the information long enough to do well
Lelu [443]
It went as far as 24hrs into Harry's memory system
4 0
3 years ago
Is a form of unemployment that involves layoffs during recessions?
alukav5142 [94]
Unemployment is the art of being jobless. Unemployment rate is the number of people unemployed as a percentage of labor force  where the labor force include those unemployed plus those in paid or self employment. There are several types of unemployment including, seasonal , cyclical, structural and frictional unemployment among others. In this case, cyclical employment involves layoffs during recessions.
6 0
3 years ago
Other questions:
  • Determine the single plantwide factory overhead rate, using each of the following allocation bases: (a) direct labor hours and (
    5·1 answer
  • One difference between financial and managerial accounting is that the external users that use financial information must plan a
    15·1 answer
  • The original price of a television is $500 you have a coupon for 25% off excluding tax what is the cost of the tv
    11·1 answer
  • Red Builders agrees to construct a new building for Blue Co. for a total contract price of $6,000,000. The estimated constructio
    8·1 answer
  • ​Sustainable businesses tend to be run by CEOs who are:
    14·1 answer
  • Jamal needs to add universal action buttons to the slide master. Under which tab can the PowerPoint slide master be found? Desig
    10·1 answer
  • Serena, a bank manager at the United Front Bank, heads the business loan department. She wants to communicate to all of the bank
    9·1 answer
  • Big Red Company, a manufacturer of computer hardware components, uses direct labor cost to allocate its production overhead. In
    6·1 answer
  • How do banks create money? banks create money by ______. a. printing more $20 bills b. making loans c. sending out credit cards
    12·1 answer
  • Barney owns a lot valued at $84,000. he purchases an adjoining lot for $66,000 and merges the two properties. the current apprai
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!