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
sergey [27]
3 years ago
14

The Fish House is expected to pay annual dividends of $1.23 and $1.25 at the end of the next two years, respectively. After that

, the company expects to pay a constant dividend of $1.35 a share. What is the value of this stock at a required return of 16.4 percent?a. $6.07b. $8.55c. $8.05d. $11.08e. $8.23
Business
1 answer:
lorasvet [3.4K]3 years ago
4 0

Answer:

c. $8.05

Explanation:

Calculation to determine What is the value of this stock at a required return of 16.4 percent

First step is to calculate the P2

P2 = ($1.35/.164)

P2= $8.23

Now let calculate the value of the stock

P0 = [$1.23 /1.164] + [($1.25 + 8.23)/1.164^2]

P0 = $8.05

Therefore the value of this stock at a required return of 16.4 percent is $8.05

You might be interested in
Recently, you accepted an internship position with the Tulawaka Zoo in Tennessee. You report to Sharon Molacavage, the Senior An
Furkat [3]

Answer:

The correct answer is letter "B": A moderately favorable situation in which Sharon’s relationships with her employees are strained, but where the employees are still doing highly structured tasks.

Explanation:

Austrian organizational psychologist Fred Fiedler (<em>1922-2017</em>) proposed in his Theory of Contingency that leaders only have one leadership style and that they cannot shape it according to the different situations they might be involved in. Instead, leaders must be located in a situation that matches their style.

Since Sharon's leadership style is <em>autocratic</em>, she is likely to manage herself better in adverse situations where the subordinates still follow her instructions.

3 0
3 years ago
World trade organization (wto) member countries account for approximately __________ percent of world trade.
svp [43]
World trade organization member countries account for approximately 80-95% of world trade. Its three main functions are: -Forum for negotiation -Administration -Dispute Settlement To sum it up, World Trade Organization sets the rules, allows countries to talk, and has process for actually resolving problems.
3 0
3 years ago
One advantage of increasing your own responsibilities is that you
lara31 [8.8K]
The answer is: A - have more control.
3 0
2 years ago
Read 2 more answers
According to the mini-lecture and text, ___ % of a manufacturer's profit comes from repeat purchases and as a result this is why
r-ruslan [8.4K]

<u>90% </u>of a manufacturer's profit and income comes from repeated purchases from returning customers.

<h3>What is Lifetime Customer Value (LCV)?</h3>

Lifetime Customer Value is the entire contribution of a customer to a brand or business enterprise over the course of their relationship.

It's an essential metric since keeping returning customers requires less than acquiring new ones, thus improving the value of your existing customers is an excellent strategy to generate growth and profit.

Therefore, we can conclude that <u>90% </u>of a manufacturer's profit and income comes from repeated purchases from returning customers.

Learn more about Lifetime customer value here:

brainly.com/question/26483324

8 0
3 years ago
What company made the first arcade game?
oksano4ka [1.4K]

Answer:

computer space

Explanation:

it was designed ny Bushnell and Ted Dabney

8 0
3 years ago
Read 2 more answers
Other questions:
  • Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. Als
    11·1 answer
  • Assume that Abby, Ben, Clara, Joe, and Matt are the only citizens in a community. A proposed public good has a total cost of $1,
    15·1 answer
  • Gloria thinks that she is paid less than other workers in her division and feels extremely resentful. She starts taking long bre
    5·1 answer
  • What are the elements of the circular relationship in managing a sales call?
    10·1 answer
  • You are valuing a common stock that just paid a dividend of $1.25 per share. You are expecting the stock to grow at the rate of
    12·1 answer
  • The term for a rise in prices of general consumer goods is
    15·1 answer
  • A _____ is an ability or accomplishment that makes someone suitable for a particular activity or job.
    10·2 answers
  • there are two packs of cards each containing 52 cards. one card is drawn from each pack. find the probability that at least one
    11·1 answer
  • How has information technology impacted the economy? choose three answers. it has allowed economists to better predict how resou
    12·1 answer
  • Last year, talent show tickets were sold for $11 each and 400 people attended. it has been determined that an increase of $1 in
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!