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
hjlf
2 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]2 years ago
4 0

Answer:

40.78

Explanation:

You might be interested in
A large corporation suffers from the​ principal-agent problem when​ its:
amm1812
<span>The correct answer is d. management does not own a large share of firm stock and pursues its own interests rather than those of shareholders.When management pursues its own interests, there is a conflict with the interest of the shareholders who hired the management in the first place.</span>
7 0
3 years ago
Read 2 more answers
Which one of the following is an example of systematic risk? Multiple Choice Investors panic causing security prices around the
Rus_ich [418]

Answer:

Multiple Choice Investors panic causing security prices around the globe to fall precipitously

3 0
3 years ago
In the advertising industry, terms such as new advertising, orchestration, and seamless communication were used to describe the
kolezko [41]

Answer:

The correct answer is letter "B": integration.

Explanation:

Advertising integration refers to bundling all mediums of communication possible business can use to promote its goods or services. This strategy reinforces the firm market position by repeating its advertising message constantly creating consistency and reducing the stress of having to create a different marketing approach for each advertising channel.

4 0
3 years ago
Walter heads a multinational company and he needs to communicate with certain people using a business letter. Pick out the corre
oksian1 [2.3K]
Try the third option my mans
4 0
3 years ago
Read 2 more answers
A report indicated that the average real wage in manufacturing declined by 2 percent between 1990 and 2000. If the CPI equaled 1
inn [45]

Answer:

W = $27.34

Explanation:

Given data:

Percentage Decline in average income is = 2%

CPI in 1990 1.30

CPI in 2000 is 1.69

Average nominal wage is 2000 is $35

Inflation rate is given as

Inflation rate = % Change in CPI

                    = (1.69 / 1.3) - 1

                    = 1.3 - 1 = 0.3 = 30%

Real wage = Nominal wage / Price level,  hence

Percentage change in real wage = % Change in (nominal wage - inflation rate)

-2% = % Change in nominal wage - 30%

% Change in nominal wage = 28%

let nominal wage in 1990 is w

W\times 1.28% = $35

solving for W = $27.34

8 0
3 years ago
Other questions:
  • Kubin Company's relevant range of production is 20,000 to 23,000 units. When it produces and sells 21,500 units,its average cost
    9·1 answer
  • Norman Co. wants to purchase a machine for $40,000, but needs to earn an 8% return. The expected year-end net cash flows are $12
    6·1 answer
  • g You own shares of a company that reported after-tax earnings of $29 million and has issued 2 million shares of stock. The comp
    10·1 answer
  • How can changes in technology or consumer demand make it difficult for people to get jobs?
    8·1 answer
  • __8. A local government has a limited
    12·1 answer
  • At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred sto
    11·1 answer
  • During an interview, _______________questions require you to use your own experiences and attributes to craft answers and often
    10·1 answer
  • Say you own an asset that had a total return last year of 11.7 percent. If the inflation rate last year was 6.9 percent, what wa
    13·1 answer
  • A salesperson preparing a written offer from a prospect may do so by filling in the blanks on a pre-approved broker's contract f
    7·1 answer
  • Cheetah Copy purchased a new copy machine. The new machine cost $134,000 including installation. The company estimates the equip
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!