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
musickatia [10]
2 years ago
10

A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if inves

tors' required rate of return is 14.2%, then what is the stock price? a. $14.61 b. $12.10 c. $10.66 d. $12.70 e. $11.98
Business
1 answer:
WARRIOR [948]2 years ago
4 0

Answer:

. $11.98

Explanation:

D1 = D0(1+g)

D0 = Last dividend

r = Required rate of retrun

g = Growth rate

Stock price formula = D1/(r-g)

Stock price = D0(1+g)/(r-g)

Stock price = 1*(1+0.054) / (0.142-0.054)

Stock price = 1.054 / 0.088

Stock price = 11.97727273

Stock price = $11.98

You might be interested in
On December 15, 2013, Rigsby Sales Co. sold a tract of land that cost $3,600,000 for $4,500,000. Rigsby appropriately uses the i
Dahasolnce [82]

Answer:

a. Realized gross profit of $100,000.

Explanation:

In 2013, Rigsby Sales Co would realize:

Gross profit percentage = ($4,500,000 - $3,600,000) /4,500,000

Gross profit percentage = 0.20

Gross profit percentage = 20%

Gross profit to be realized is

Gross profit = Installment received * Percentage of gross profit

Gross profit = $500,000*20%

Gross profit = $100,000

7 0
3 years ago
A mutual fund had NAV per share of $23.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $23.15. Income
Stella [2.4K]

The rate of return did an investor receive on the fund last year is : 8.87%.

<h3>Rate of return</h3>

Using this formula

Rate of return=(Dec fund's NAV -Jan fund's NAV +Income distribution+Capital gain distribution)/Jan fund's NAV

Let plug in the formula

Rate of return = ($23.15 - $23.00 + $.63 + $1.26)/$23.00

Rate of return =$2.04/$23.00×100

Rate of return = 8.87%

Therefore the rate of return did an investor receive on the fund last year is : 8.87%.

Learn more about rate of return here:brainly.com/question/24301559

#SPJ1

7 0
2 years ago
Dimitri has several apple trees in his yard, and apples are a perfectly competitive market with a price of $2 per pound. if dimi
Alinara [238K]
The total revenue and the marginal revenue when he sells the 100th pound of apples is 
total revenue is $200 (100 * 2) and marginal revenue is $2 (the price of the apple per pound in the market)

So the answer is the total revenue of Dimitri is $200 while the marginal revenue is $2.
4 0
3 years ago
Triano Brothers, an insurance firm, follows an administrative procedure for measuring the relative worth of its jobs. The organi
Alexus [3.1K]

Answer: Option (B)

Explanation:

Here, in this case we can state that <em>job evaluation </em>is being exemplified. The Triano Brothers are using job evaluation, so as to have a systematic approach in order to determine value of a job in regards to the several jobs in their organization. The organization attempts to have a orderly comparison in between different jobs as to assess the relative value.

8 0
3 years ago
Assume that aggregated fact table B is based on the detailed fact table A. Which of the following is FALSE
jeyben [28]

The false statement is E) Table B has more records than Table A

A detailed table is one in which a single record refers to a single fact while in the case of an aggregated table, a single record may refer to more than one fact. In the given case Table B is aggregated table that's why it is not possible that it has more records than table A.

A truth table shops quantitative facts for analysis and is regularly denormalized. A fact desk works with size tables. A reality desk holds the facts to be analyzed, and a measurement table shops facts about the methods in which the statistics in the fact table can be analyzed.

Tables are database items that incorporate all of the records in a database. In tables, records are logically prepared in a row-and-column format much like a spreadsheet. Every row represents a unique record, and every column represents a field inside the report.

Your question is incomplete. Please read below to find the complete question.

Assume that aggregate fact Table B is based on the detailed fact table A. Which of the following is false?

A) a number of dimensions that Table B is connected to are equal to or less than the number of dimensions that Table A is connected to.

B) a number of records in Table B are equal to or less than the number of records in Table A.

C) table B provides an aggregated view of facts in Table A.

D) all dimensions connected to Table B are connected to Table A.

E) table B has more records than Table A.

Learn more about tables here brainly.com/question/12151322

#SPJ4

7 0
2 years ago
Other questions:
  • Papa Roach Exterminators, Inc., has sales of $644,000, costs of $345,000, depreciation expense of $54,000, interest expense of $
    10·1 answer
  • Laws have curtailed smoking, and as a result, the sale of cigarettes is down. Rather than fighting the law, the cigarette indust
    10·1 answer
  • A paint manufacturing company has three factories located in France, Germany, and Spain. The productivity data of the factories
    5·1 answer
  • Which of the following statements is CORRECT?
    12·1 answer
  • A firm has issued $5 par value preferred stock that pays a $0.80 annual dividend. The stock currently sells for $9.50. In calcul
    6·1 answer
  • 1.Choose one option that defines Pathos:
    10·1 answer
  • Cutter Ford Aiea for years marketed itself on the slogan "Cutter Ford Aiea: Where you make the deal." What car buyers said was t
    6·1 answer
  • Give a minimum of three reasons why a cover letter is important
    9·2 answers
  • Suggest and explain four activities that would be ""customer focused"" in nature
    12·1 answer
  • 1.XYZ company had a total profit of $500,000. XYZ's expenses were $200,000. What is the net profit for XYZ company?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!