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kipiarov [429]
2 years ago
9

A common stock pays an annual dividend per share of $2.10. The market capitalization rate (required return on equity) is 10.0%.

If the annual dividend is expected to remain at $2.10, what is the value of the stock
Business
1 answer:
Inessa05 [86]2 years ago
3 0

Answer:

the  value of the stock is $21

Explanation:

The computation of the value of the stock is given below:

= Annual dividend per share ÷ required rate of return

= $2.10 ÷ 10%

= $21

Hence, the  value of the stock is $21

We simply divided the annual dividend from the required rate of return so that the value of the stock could come

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Answer:

Farming Art Inc. should deposit $284.42

Explanation:

Giving the following information:

Framing Art Inc. will need to purchase two new cashier machines in 2 years, for $148 each. A savings account pays 2% per year compounded quarterly.

Total cost=148*2= $296

To calculate the monetary value to deposit today, we need to use the following formula:

PV= FV/(1+i)^n

FV= 296

i= 0.02/4= 0.005

n=2*4= 8

PV= 296/1.005^8= $284.42

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Which of the following is a characteristic of a management control​ system? A. It deals with coordinating planning across the or
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Answer:

D. Helps managers to act rapidly and with autonomy

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3 years ago
Jack, Jamie, Ronnie, and Stephan own the only computer software manufacturing companies in the country. When Jack increases the
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When a company purchases another company and the purchase price is greater than the fair value of the net assets acquired, this
34kurt

Answer:

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Explanation:

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