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hjlf
3 years ago
15

Your company is estimated to make dividends payments of $2.4 next year, $3.4 the year after, and $4.1 in the year after that. Th

e dividends will then grow at a constant rate of 4% per year. If the discount rate is 13% then what is the current stock price
Business
1 answer:
Dahasolnce [82]3 years ago
4 0

Answer:

40.78

Explanation:

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The ledger of Columbia, Inc. on March 31, 2014, includes the following selected accounts before adjusting entries.
Jlenok [28]

Answer:

1

Explanation:

8 0
3 years ago
When Ronaldo bought his new flat-screen television, he was surprised at the cost differences between some of the models. When he
Butoxors [25]

Answer:

c.

Explanation:

Based on the information provided in the question regarding this situation, it seems that the salesperson engaged in deception by omission. This means that the salesperson told Ronaldo what he wanted to hear in order to close the deal. Even though the salesperson did not lie, he failed to mention an extremely important detail that Ronaldo needed to know in order for the rest of the information provided by the salesperson to hold true. Since the salesperson kept this information to himself in order to close the deal he has deceived Ronaldo.

7 0
3 years ago
VUA GẠO MANG HƯƠNG LÀI ĐẾN BỮA CƠM GIA ĐÌNH VIỆT
ValentinkaMS [17]

Answer:

yep

Explanation:

4 0
2 years ago
Burke tires just paid a dividend of $2.42. analysts expect the company's dividend to grow by 30% this year, 20% next year (year
Ivanshal [37]

Answer:

There is no correct answer is these options. But the correct answer is $113.41

Explanation:

The formula to solve this is:

Po = D1/r - g

Po is the Current price of the common stock

D1 is the future dividend payment

r is the rate of return

g is the growth rate.

This is quite different from the usual(single stage). This is Two-stage Dividend Discount Model. To solve this;

D1(Dividend in year 1) is $3.15( $2.42 x 1.3)

D2(Dividend in year 2) is $3.78(3.15 x 1.2)

D3(Dividend in year 3) is $4.15($3.78 x 1.1)

D in subsequent years is $4.36(4.15 x 1.05)

P3(price of stock in year 3) = $4.36/0.083 - 0.05

=$132.12

Now the stock's current market value is

$3.15/1.08 + $3.78/1.08^2 + $4.15/1.08^3 + $132.12^3

The price of the stock is $113.41

4 0
3 years ago
________ development is a joint approach among those who seek economic growth with "wise resource management, equitable distribu
Mnenie [13.5K]

Answer:

<u>Sustainable</u>

Explanation:

Sustainable development in simple terms refers to the development which can be sustained or carried forward for a long period of time.

It refers to satisfying and meeting the needs of the current generation without jeopardizing the needs and resource availability for the future generations.

Economic development refers to the rise in per capita income while sustainable development incorporates economic as well as human development.

Such development aims at judicious usage of resources , equitable distribution of resources and reduction in wastage.

7 0
3 years ago
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