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
Simora [160]
3 years ago
11

m is expected to pay a dividend of $2.45 next year and $2.60 the following year. Financial analysts believe the stock will be at

their price target of $95 in two years. Compute the value of this stock with a required return of 12.4 percent.
Business
1 answer:
Sindrei [870]3 years ago
5 0

Answer:

$79.43

Explanation:

Year    Return        Amount($)  PV factor for 12.4%  Present Value

1         Dividend           2.45                0.890                   2.179715

2        Dividend            2.6                  0.792                   2.057978

2        Value of share   95                   0.792                   75.19535

          at end of tr 2

           TOTAL                                                                   $79.43304

Thus, the present value of share is $79.43

You might be interested in
When looking for a job, taking initiative will help your search efforts. true or false?
BartSMP [9]
The answer is true. Hope this helps.
3 0
4 years ago
Universal Concerts wants to bring a series of country music concerts to Canada next year. In general, Western Canadians prefer c
SashulF [63]

Answer:

The correct answer is letter "A": geographic characteristics.

Explanation:

Market segmentation refers to the classification companies make of their consumers based on different features such as age, gender, or income for instance so that firms can decide in which of those sectors they are likely to have more success based on the know-how and resources it counts on. As well, companies consider the sector that provides more opportunities so the likelihood of generating more revenue increases.

Therefore, <em>Universal Concerts must focus on geographic characteristics at the moment of choosing what type of concerts they will handle if there is a need to set one type of them only.</em>

7 0
4 years ago
What does a price ceiling often cause and why
Sliva [168]

Answer:

adgfuaygbnkmhfgsdbs

Explanation:

3 0
3 years ago
Naomi is sixteen and she would like to open a savings account. Select each of the steps she will need to take.
shtirl [24]
I think its all the above except for they might be trying to trick you because at sixteen a guardian or parent has to sign aswell.
6 0
3 years ago
Top managers are responsible for the ultimate responsibilities within an organization,which include which of the following? (Cho
kondaur [170]

Answer:

The answer is establishment of organisational goals

Explanation:

The top managers set long-term goals and define strategies to achieve them. they make the decisions that affect the whole company such as financial investments, mergers and acquisitions, partnerships and strategic alliances, and changes to the brand or product line of the organization.

6 0
3 years ago
Other questions:
  • Applicants for positions at a product distribution site are required to demonstrate the ability to drive a forklift and operate
    14·1 answer
  • If the cost of the beginning work in process inventory is $56,000, direct materials cost is $346,000, direct labor cost is $212,
    5·1 answer
  • Sal and Jen went to the store together, and each bought the same car stereo. Sal used a card to make the purchase, and the full
    9·1 answer
  • What is a records inventory? discuss why is inventory is conducted and what is included in the inventory?
    7·1 answer
  • ​Thornton, Inc. has budgeted sales for the months of September and October at $ 302 comma 000 and $ 264 comma 000​, respectively
    6·1 answer
  • Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve for M
    11·1 answer
  • Family capital A. refers to financial assistance offered to families by the government. B. typically helps families obtain bette
    10·1 answer
  • Pepsico's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inve
    11·1 answer
  • Suppose you invested $60 in the Ishares Dividend Stock Fund (DVY) a month ago. It paid a dividend of $0.63 today and then you so
    6·1 answer
  • Drag the tiles to the correct boxes to complete the pairs.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!