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Yuliya22 [10]
2 years ago
9

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.05 per share on its stock. The dividends are expected to grow at

a constant rate of 7 percent per year indefinitely. If investors require a 14 percent return on The Jackson-Timberlake Wardrobe Co. stock, what is the current price? Answer with 2 decimals (e.g. 10.12).
Business
1 answer:
Lostsunrise [7]2 years ago
4 0

Answer:

the current share price is $16.05

Explanation:

The computation of the current share price is as follows;

= Dividend ÷ (required rate of return - growth rate0

= $1.05 × 1.07 ÷ (14% - 7%)

= $1.1235 ÷ 0.07

= $16.05

Hence, the current share price is $16.05

The same should be considered and relevant

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Answer:

The seller must be informed when the offer is presented that the depositis a promissory note

Explanation:

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A young man recently was hired by a major mortgage company in Tampa. Because he was unfamiliar with Tampa, the man purchased a r
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Question Completion with Options:

A)  The man is not entitled to a refund, however, he may request that the $200 be applied to his down payment.

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C)  He is entitled to a refund of $100 if requested within 45 days of the contract date.

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The statement that applies to this situation is:

B)  He is entitled to a refund of $200 if requested in writing within 30 days of the contract date.

Explanation:

The Florida real estate laws provide that any real estate company that furnishes rental information to a prospective tenant for a fee must provide the prospective tenant with a receipt.  The receipt should contain the repayment provision, which can be made under specified conditions. However, the young man is expected to make his demand for a return of any part of the fee within 30 days from the date of the broker/sale contract.

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As a contemporary manager, your employees will perceive that their opinions are more valued if:
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The answer is this: employees would feel that their opinions matter if open communication is established between the manager and the employee by removing barriers to communication.

An example to this would be having brainstorming meetings where employees are free to give their ideas. Another option would be by eliminating the need to call the manager using suffixes such as Mr. or Dr.

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Car and automobile may generate the advertising manager's ad.

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Broad match modifiers permit you to show if there are sure ideas identified with your catchphrases that must be available in the inquiries you reach.  

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Answer:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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