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
VARVARA [1.3K]
3 years ago
15

What constant-growth rate in dividends is expected for a stock valued at $32.40 if next year's dividend is forecast at $2.20 and

the appropriate discount rate is 13.6%
Business
1 answer:
Fittoniya [83]3 years ago
6 0

Answer: 6.81%

Explanation:

To calculate the growth rate, we'll use the formula:

Price = Expected Dividend / Discount - Growth rate

32.40 = 2.20 / 13.60% - Growth rate

13.6% - Growth rate = 2.20/32.40

Growth rate = 13.60% - 6.79%

Growth rate = 6.81%

You might be interested in
The receptionist at Brunt Inc. is punctual, polite, and always cheerful. The firm's employees and customers all love her. Howeve
natita [175]

Answer:. The employee is highly motivated, but lacks ability unless she gets training.

Explanation: The receptionist is motivated and enthusiastic about her job. All she needs is training on the job to make her suitable and reliable as a receptionist. Since she is punctual, polite, and always cheerful and all the firm's employees and customers love her it will be a bad idea relieving her of her duties instead train in clerical skills and make her suitable for the job. She already has the qualities of a good receptionist but lacks the skills, it would be easier to train her to acquire the skills.

7 0
4 years ago
Read 2 more answers
What is the difference between supply and quantity supplied?
natta225 [31]
Supply is the amount of goods and services that sellers will sell at a different price over a given period of time while <span>is the </span>quantity<span> of a commodity that producers are willing to sell at a particular price at a particular point of time. </span>
5 0
3 years ago
Once April has the photo in her document, she wants to make several changes to it. What DTP feature is the best tool for April t
ICE Princess25 [194]
Her best bet would be to use the MODIFY IMAGE MENU. Hope this helps.
8 0
3 years ago
Read 2 more answers
Jacobs Company borrowed $100,000 at 8 percent interest for three months.
ASHA 777 [7]

Answer:

B. $2,000

Explanation:

The principal amount is $100,000

Interest rate is 8% usually per year ( 12 months)

Loan duration, three months:

Annual interest = $100,000.00 x 8%

   =$100,000.00x 0.08

   =$ 8000.00

Interest for 3 months

   =3/12x$8000.00

   =0.25x$8000.00

   =$2000

4 0
3 years ago
Sandhill Company reports the following financial information before adjustments. Dr. Cr. Accounts Receivable $132,500 Allowance
goldfiish [28.3K]

Answer:

S/n  Accounts title                                        Debit      Credit

a.      Bad Debt expenses                          $2,655

                Allowance for Doubtful debts                    $2,655

                ((132,500*5%)-3,970)

        (Being bad debt expense recorded)  

b.       Bad Debt expenses                           $8,255

                  Allowance for Doubtful debts                   $8,255

                   {(132,500*5%)+1,630]

         (Being bad debt expense recorded)

5 0
3 years ago
Other questions:
  • Larson, Inc. is an integrated marketing solutions company. Whenever a client comes to it wondering why a product was not welcome
    10·1 answer
  • Who appoints Ambassadors?
    14·1 answer
  • When consumers have more _____ to adjust demand becomes relatively more elastic?
    11·1 answer
  • The minimum salary for a running back is 1.35 million for pre year. One of the whalers running backs was hurt during the last ga
    7·1 answer
  • In an operation​ strategy, a strategic manager can use​ ________ in​ ever-changing environments because it requires that​ people
    12·1 answer
  • There appears to be more violence in the workplace than ever before. Even some of the equipment has been sabotaged. The imposing
    14·1 answer
  • Sharon realizes that she needs additional research before she approaches potential investors. What kind of research should she d
    14·1 answer
  • Take the factors considered by earned value analysis and subtract those considered by tracking Gantt charts. The factor(s) you h
    8·1 answer
  • The risk-free rate of return is 8%, the expected rate of return on the market portfolio is 15%, and the stock of Xyrong Corporat
    14·1 answer
  • Under the rule of 70, if the GDP per capita growth rate in the United States is 2.3%, standards of living double every:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!