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
Software development process that develops software iteratively with a heavy emphasis on construction activities is known as
Veseljchak [2.6K]
Software development process that develops software iteratively with a heavy emphasis on construction activities is known as an agile process. This process is  driven by and focused on customer descriptions. It recognizes that plans are only for a short time and delivers a number of software increments. 
7 0
3 years ago
Moore General Store purchased office supplies on account during the month of February for $4,500. Payment for the supplies will
Anni [7]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Purchased office supplies = $4,500

Supplies on balance account (in beginning) = $200

Supplies remaining (in end of month) = $180

So, To calculate supplies used in February we use following method:

Supplies Used  = Supplies in Beginning + Purchased office supplies - Supplies in Ending

= $200 + $4,500 - $180

Supplies Used = $4,520

Hence, the amount of supplies USED during February was $4,520.

6 0
3 years ago
In June 1985, Joseph Marcantuone and Robert Gieson purchased property located in East Orange, New Jersey. At the time of purchas
sattari [20]

Answer:

The answer would be All of the above.

Explanation:

All the above mentioned parties are related with discharge of the chemical and are liable to get the clean up done. Marcantuone and Gieson are liable as they are the owners, Lessees of the dry cleaning establishment are liable as they are the ones who operated on the effected land and Previous owners under whose ownership the lessees had taken the land on lease for a dry cleaning property.

All the parties are liable for the clean up as well as the damage occured post the clean up as well as per the law.

6 0
3 years ago
Which factor could influence an employer to increase an employee's wages?
ElenaW [278]

Answer:

B most likley because i dont see hwo it can be A or D because both will lower an employees wages

Explanation:

7 0
3 years ago
What is one reason that a person might want to be an entrepreneur?
kupik [55]

Answer:

They can be their own boss.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Wants to start a fashion boutique that will sell tailor-made garments and accessories. She plans to open boutique stores in life
    12·1 answer
  • _____ encourage employees to behave in a socially responsible manner.
    7·1 answer
  • Consider an economy that produces only two goods: fresh apricots and dried apricots. In this economy, the technology of producin
    12·1 answer
  • George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the dutie
    5·1 answer
  • Florida law states that a vessel operator involved in an accident must report the accident if property damage exceeds what amoun
    9·1 answer
  • Businesses use productivity suites in order to ________. a. Be on the cutting edge of technology b. Justify spending money on ca
    5·1 answer
  • At a potluck, everyone brings his or her favorite dish to share. gavin decides to avoid the foods he has never heard of before a
    8·1 answer
  • At January 1, 2020, Culver Inc. had accounts receivable of $69,000. At December 31, 2020, accounts receivable is $54,000. Sales
    14·1 answer
  • A producer with only one product has total fixed costs of $15,000 per month. In addition, it cost the producer $100 in variable
    12·2 answers
  • In your own opinion, what are the things or action that can acquire and keep up business apparatuses required to help work envir
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!