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victus00 [196]
3 years ago
15

Suppose you know a company's stock currently sells for $64 per share and the required return on the stock is 0.12. You also know

that the required return is evenly divided between the capital gains yield (G) and the dividend yield (D1/P0) (this means that if the required retun is 9%, the capital gains yield is 4.5% and the dividend yield is 4.5%).If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share
Business
1 answer:
jasenka [17]3 years ago
6 0

Answer:

$3.62

Explanation:

Dividend Yield = 0.12/2

Dividend Yield = 0.06

==> (Dividend in One Year)/Current Price= .045

D1 = 0.06*$64

D1 = $3.84

D0 (Current Dividend) = D1/(1+Dividend Yield)

D0 (Current Dividend) = $3.84/(1.06)

D0 (Current Dividend) = 3.622641509433962

D0 (Current Dividend) = $3.62

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Recently, much of the western United States experienced a drought condition, and water usage was restricted in Denver. Yet, even
Paul [167]

Answer:

Price elasticity

Explanation:

Price elasticity  -

It refers to the extent to which the demand or desire for something alters with the fluctuation in the price , is referred to as price elasticity .

As if the price of some commodity goes up , people tends to not buy the thing any more and tries to finds it cheaper alternative .

And , as the price reduces , people tries to buy the specific goods and service .

Hence , from the given scenario of the question ,

The correct answer is price elasticity .

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4 years ago
How to use smok mico kit?
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8 0
3 years ago
Which is not a reason for supporting ethical relativism?
raketka [301]

This is not the reason why not support ethical relativism; Ethical relativism holds that there is a right and wrong, even though we do not agree about what is right and wrong and If people disagree about some moral matter, their disagreement will always be due to their having different moral values.

4 0
3 years ago
Your checkbook register shows these activities for the month.Old balance: $134.56Check 512 to Good Stuff for $32.19Deposit: $345
Dvinal [7]

Based on the various activities for the month that were reflected in your checkbook, your new balance would be $135.84.

<h3>What is the checkbook balance?</h3>

This can be found as:
= Opening balance + Deposits - Checks and withdrawals

Solving gives:

= 134.56 + 345.12 - 32.19 - 250 - 16.65 - 45

= $135.84

In conclusion, your new balance is $135.84.

Find out more on checkbook balances at brainly.com/question/3719189

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3 0
2 years ago
More and more companies have adopted written codes of ethics. Although these codes vary greatly, they can be put into two catego
Anestetic [448]

Answer:

Ethics Code and Features

                                                      Ethics Codes

Features  Integrity- Based Ethics                Codes Based Ethics Codes

Ideal:          Accountability, decision            Education, reduced employee

                  processes, controls                   discretion

Objective: Enable responsible employee  Avoid criminal misconduct

                 conduct

Leader:     Managers                                   Lawyers    

Methods: Conform to outside standards   Conform to outside standards

               and chosen internal standards    

Explanation:

Codes of ethics refer to the governing principles and expectations that regulate the behavior of individuals and organizations in the conduct of their professional responsibilities and business activities.  Two broad categories have been identified for written codes of ethics.  They are compliance-based (rules-based) codes and integrity-based (principles-based) codes.  Rules-based or compliance-based codes emphasize prevention, while principles-based or integrity-based codes provide guidance.

7 0
3 years ago
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