Marketers of snack foods decide to create humorous videos about their

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $2.15 per share on its stock. The dividends are expected to grow at

tekilochka [14]

Answer:

a)

$34.4

b)

$37.20

c) $59.57

Explanation:

Given:

Dividend paid = $2.15

Growth rate = 4% = 0.04

Required return = 10.5% = 0.105

Now,

a) Present value = $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

for the current price n = 1

thus,

Current price = $\frac{\textup{Dividend paid}\times\textup{(1+growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^1}{\textup{(0.105-0.04)}}$

= $34.4

b) Price in 3 years

i.e n = 3

= $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^3}{\textup{(0.105-0.04)}}$

=

$37.20

c) Price in 15 years

i.e n = 15

= $\frac{\textup{Dividend paid}\times\textup{(1 +growth rate)}^n}{\textup{(Required return-Growth rate)}}$

= $\frac{\textup{2.15}\times\textup{(1 +0.04)}^{15}}{\textup{(0.105-0.04)}}$

= $59.57

4 0

3 years ago

Jeremy has been out of school for two years, has a good job, and recently got a raise. He is excited about investing and always

Tems11 [23]

Answer:

Jeremy has to continue to save.

Explanation:

Jeremy should keep saving his money.
In case a situation arises, he needs to keep saving his resources and he needs the money for something else than he has got into trouble.

Jeremy will adhere to his spending strategy to pay off his loan within 15 months.
by follow these process he will continue his saving as well as repay the loan also .

4 0

3 years ago

Juanita has noticed that the price of bagels has gone up. Because of this, she has decided to buy a less expensive yogurt every

Monica [59]

I would say c, substitution effect as she is substituting a more expensive yogurt for a less expensive yogurt.

7 0

3 years ago

2. Identify four skills that you will need to actively participate in meetings.

ser-zykov [4K]

Answer:

Particpating, having to ability to drink a lot of coffe, being energetic, concertrating.

Explanation:

3 0

2 years ago

Jean Wills, a trainer with Leverage Inc., is infuriated because the conference hall that she had booked for her morning sessio

fredd [130]

Answer:

c. Adequate Resources

Explanation: it is very important for companies and organisations to have enough resources to carry out their daily target. When the lack of resources becomes severe, the business is in serious risk causing projects to be under equipped, creating inefficiencies, causing employees unnecessary pressure and taking longer hours to complete projects

3 0

2 years ago