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
andrey2020 [161]
3 years ago
9

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $11.15, but management expects to reduce the p

ayout by 6 percent per year indefinitely. If you require a return of 12 percent on this stock, what will you pay for a share today
Business
1 answer:
horrorfan [7]3 years ago
3 0

Answer:

the stock price is $58.23

Explanation:

The computation of the price pay per share today is shown below:

Stock price is

= Current year dividend ÷ (required rate of return - growth rate)  

= $11.15 × (1 - 0.06) ÷ (12% - (-6%)

= $10.48 ÷ 18%

= $58.23

Hence, the stock price is $58.23

We simply applied the above formula so that the correct value could come

And, the same is to be considered

You might be interested in
Pete's Putters sells each putter for $125. The variable cost is $60 per putter and fixed costs total $400,000. Based on this inf
Andreas93 [3]

Based on this information $380,000

<h3>What is information?</h3>

Data is processed, organized, and structured. It contextualizes data and facilitates decision-making processes. A single customer's sale at a restaurant, for example, is data; this becomes information when the business can identify the most popular or least popular dish.

Facts and text features such as a table of contents, pictures, captions, bold print, and a glossary are examples of informational text characteristics. These characteristics assist the reader in finding information, supplementing information presented in text, drawing the reader's attention to key words, and explaining what words mean.

An information asset is a collection of information that is defined and managed as a single unit so that it can be efficiently understood, shared, protected, and exploited. Information assets have measurable and manageable value, risk, content, and complexity.

To know more about information follow the link:

brainly.com/question/1299137

#SPJ4

8 0
2 years ago
A rich relative has bequeathed you a growing perpetuity. the first payment will occur in a year and will be $ 3 comma 000$3,000.
MAVERICK [17]
A. For knowing today's value of the bequest we need to know the period of time.
When the first payment occure and how many payments were made. 
b. Immediate value of bequest is $3,000 After one year it needto be 1.16*3,000=$3,480 Plus the second payment will be 1.04*3,000=$3,120
8 0
3 years ago
What is the answer I chose the one I thought was the answer
asambeis [7]

Answer: I think that ones the answer too

4 0
3 years ago
Read 2 more answers
I need to figure out the owners equity ! HELP
motikmotik

Owners equity is $82365 - $70500 which gives $11365. Therefore when you add $70500 + $11365, this would give $82365.

4 0
3 years ago
The financial institution that generally charged the lowest rates on loans is
astra-53 [7]

Banks and Credit Unions usually charge the lowest rates on loans.

8 0
3 years ago
Other questions:
  • What statement about progressive taxes is true?
    13·1 answer
  • Even when a manager is not able to grant employees' requests or suggestions, employees are much more likely to accept the decisi
    15·1 answer
  • Graphical Designs is offering 20-20 preferred stock. The stock will pay an annual dividend of $20 with the first dividend paymen
    7·1 answer
  • Whenever Jane is successful she takes full credit for her success, but whenever she is unsuccessful she attributes her failure t
    15·1 answer
  • According to Charles Cresson Wood, "Reporting directly to top management is not advisable for the Information Security Departmen
    6·1 answer
  • Classify the following topics as relating to microeconomics or microeconomics.
    13·1 answer
  • At year end, CurlZ, Inc.'s inventory consists of 370 bottles of CleanZ at $3 per bottle and 270 boxes of DyeZ at $10 per box. Ma
    5·1 answer
  • ABC Mart received a $20 freight bill for merchandise it purchased with freight terms of FOB shipping point. ABC Mart uses a perp
    12·1 answer
  • A project has an initial cost of $2,400. The cash inflows are $0, $1,600, $1,100, and $700 over the next four years, respectivel
    8·1 answer
  • QUESTION 7 of 10: What is an advantage of selling consumable items?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!