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
creativ13 [48]
3 years ago
15

Home Parties is paying an annual dividend of $1.78 every other year. The last dividend was paid last year. The firm will continu

e this policy until two more dividend payments have been paid. Three years after the last normal dividend payment, the company plans to pay a final liquidating dividend of $32 per share. What is the current market value of this stock if the required return is 14.7 percent?
Business
1 answer:
yuradex [85]3 years ago
8 0

Answer:

Home Parties is paying an annual dividend of $1.78 every other year. The last dividend was paid last year. The firm will continue this policy until two more dividend payments have been paid. Three years after the last normal dividend payment, the company plans to pay a final liquidating dividend of $32 per share. What is the current market value of this stock if the required return is 14.7 percent?

The current market value of this stock = $16.78.

Explanation:

Current market value of this stock = $1.78/1.147 + $1.78/1 .147∧3+ $32/1.147∧6

Current market value of this stock= 1.55187 + 1.78/1.509 + 132/2.27709

Current market value of this stock= 1.55187 + 1.17959 +  14.053

The current market value of this stock = $16.78.

You might be interested in
Theresa works in a manufacturing plant where many of the male employees put up photographs of bikini-clad women in their work ar
MatroZZZ [7]

Answer: A hostile work environment.

Explanation:

Theresa's work place is a good example of a hostile work environment, as the workers and management of her company are not sensitive to female workers challenges. A hostile work environment is a work environment that makes it hard for an employee to carry out their job task.

5 0
3 years ago
Read 2 more answers
Better Chocolates has a new project that requires $838,000 of equipment. What is the depreciation in Year 6 of this project if t
DIA [1.3K]

Answer:

d. $74,749.60 ( depreciation allowance @ 8.92% )

Explanation:

Under Modified Accelerated Cost Recovery System the Office furniture and fixtures, agricultural machinery and equipment, any other property not associated with another class is classified as 7-years property.

These assets are depreciated as follows:

Year         Percentage Depreciate

  1                              14.29%

  2                             24.49%

  3                             17.49%

  4                             12.49%

  5                             8.93%

  6                             8.92%

  7                             8.93%

  8                             4.46%

In the Sixth year depreciation will be charged by 8.92%.

Asset Value = $838,000

Depreciation Allowance in 6th year = $838,000 x 8.92%

Depreciation Allowance in 6th year = $74749.60

*Option for the given Mcqs are missing and written as follows:

Select one:

a. $80,411.60

b. $74,833.40

c. $89,108.00

d. $74,749.60

e. $89,327.08

4 0
3 years ago
Suppose China exports TVs and uses the yuan as its currency, whereas Russia exports vodka and uses the ruble. China has a stable
Damm [24]

Answer:

The real exchange rate would result in a growth of the relative price of Chinese TVs over the price of Russian Vodka.

This is because Chinese TVs are becoming more technologically advanced, increasing both their nominal and real value, while Russian Vodka is being produced en masse, but without technological progress, decreasing both its nominal and real value.

The nominal exchange rate would result in the ruble depreciating strongly against the Yuan.

The quick growth of money supply in Russia means inflation, and this added to the loss of value of the Vodka exports, results in the decrease of nominal value for the ruble against the Yuan, which has a moderate growth in money supply (meaning moderate inflation), and benefits from the exports of a good that is appreciating (the Chinese TVs).

Explanation:

8 0
3 years ago
Each of the three categories of investments in debt and equity securities has similar accounting for all of the following transa
Arlecino [84]

Answer:

d. recognition of realized gains or losses on sales

Explanation:

In the case of trading securities, the non-realized gain and losses should be recorded in the income statement. So at the time when securties are sold so here the realized gain are distinct as compared to the afs and htm securties

So as per the given situation, the option d is correct

And, the same should be considered

7 0
3 years ago
What is an exclusive right of a person or company to reproduce, publish, or sell a creative work?
marshall27 [118]
The answer is copyright
6 0
4 years ago
Read 2 more answers
Other questions:
  • Gage buys from fishing guide corporation the exclusive right to sell fishing guide rods and reels in a certain area. their franc
    10·1 answer
  • Can the economy grow without investment in new resources?
    6·1 answer
  • So im 12 yrs old and i have been asked to babysit my neighbors two boys for 4 hours 5 days a week ( one 4 one 2 yrs old) since i
    15·1 answer
  • When you stuff dollar bills under your mattress, knowing that they will be there next year to help buy your next major purchase,
    13·1 answer
  • [The following information applies to the questions displayed below.]
    9·1 answer
  • the liability created when supplies are bought on account is called an account payable ,true or false​
    10·1 answer
  • The probability that a 80-year-old female in the U.S. will die within one year is about 0.048711. An insurance company is prepar
    12·1 answer
  • HELP PLEASE
    13·1 answer
  • Which of the following are ways in which most neo-Freudian theorists differ from Freud, according to the text
    12·1 answer
  • Henry fayol identified five functions of management: planning, organizing, commanding, coordinating, and controlling. these are
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!