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
serg [7]
3 years ago
6

Stoneheart Group is expected to pay a dividend of $3.17 next year. The company's dividend growth rate is expected to be 3.9 perc

ent indefinitely and investors require a return of 11.7 percent on the company's stock. What is the stock price?
Business
1 answer:
AleksAgata [21]3 years ago
8 0

Answer:

The price of the stock= 40.64

Explanation:

According to the dividend growth model, the price of a stock is the present value of expected dividend discounted at the required rate of return.

This is done as follows:

Price of a stock = D×(1+r)/(r-g)

D(1+g) - Dividend for next year = 3.17

g- growth rate - 3.9%

r- required rate of return - 11.7%

P = 3.17/(0.117- 0.039)=40.641

The price of the stock= 40.64

You might be interested in
Actions, attire, grammar usage, and proofreading all affect the ________ of an employee.
alexdok [17]

Answer:

The most appropriate answer is professionalism.

Explanation:

The professionalism of an employee can be seen by the action he does in working, attire he wears at work, grammar usage in emails and letters written by him and many more other things.

A person who takes care of the action, attire, grammar usage, proofreading seems to be more professional as compared to the person who doesn't care about these things.

Hence the most appropriate answer is professionalism.

4 0
3 years ago
Who do you think would be a better President<br> A. Trump or B. Biden
emmasim [6.3K]

Answer:

B

Explanation:

6 0
3 years ago
Read 2 more answers
In evaluating independent projects, no incremental analysis is necessary between projects. Each project is evaluated separately
fenix001 [56]

TRUE

<u>Explanation:</u>

The correct answer is true as the independent projects are selected based on the net present worth and the rate of return and do nothing alternative. In the independent projects, there is no need for the incremental B/C analysis. Simple B/C ratio will do it. If the B/C > 1, benefits outweigh the costs and the project is selected provided that there is no budget limitation. Thus, the given statement is absolutely the true one.

6 0
3 years ago
The Gap, Inc. has targeted teenagers and young adults in need of casual clothes, and through its GapKids stores, the parents or
Nataliya [291]

Answer:

The correct option is A, market segmentation

Explanation:

Market segmentation is the process of dividing customer base into distinct groups based on age,income,level of education,personality,perception and so on.

The purpose of segmenting the markets  is for the organization to satisfy the needs of these different groups based on their unique characteristics and to able to sell to them goods that  best match their status.

The scenario here is that Gap Inc,has successfully been able to discover the right set of people that its casuals best match.

7 0
3 years ago
During 2021, Falwell Inc. had 610,000 shares of common stock and 61,000 shares of 9% cumulative preferred stock outstanding. The
Korvikt [17]

Explanation:

I dont k ow and I dont care

6 0
3 years ago
Other questions:
  • Lolita and Larry are thinking about adding to their family next year. If Larry and Lolita do have a child, Lolita plans to be a
    14·1 answer
  • Since​ 1969, economic growth in​ ______ has been greater than in​ ______ because​ ______.
    9·1 answer
  • A stock has an expected return of 12 percent, its beta is 0.35, and the risk-free rate is 4.8 percent. what must the expected re
    9·1 answer
  • 3. The Operations Section Chief: A. Develops and implements strategies and tactics to achieve the incident objectives. B. Sets u
    8·1 answer
  • Angerstein Inc. produces calendars in a two-process, two-department operation. In the Printing Department, calendars are printed
    15·1 answer
  • Revenue is traditionally recognized in the accounting records when
    7·1 answer
  • David Ortiz Motors has a target capital structure of 45% debt and 55% equity. The yield to maturity on the company's outstanding
    7·1 answer
  • The process by which management plans, evaluates, and controls long-term investment decisions involving fixed assets is called:
    14·1 answer
  • After the presentation, you discover that you provided some inaccurate figures. in a few cases, you inadvertently overstated by
    14·2 answers
  • Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company's normal
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!