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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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The sea wharf restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspape
Andreas93 [3]
From what I understood in the problem, the total budget that covers all types of media is only $1,000 per month. For the allocation, each type of media would get at least 25% of the budget. If we infer on this information, there should only be 4 types of media, at least. This is because four 25% portions would equal to 100%. If it exceeds 25% for each of the four types, it would be over the $1000 budget. With that being said, it is also possible that there will be 3 or 2 types of media. Nevertheless, let's just stick to the least assumption of 25% for each of the 4 types.

If local newspaper advertising is one of the four types, then:

$1000(25%) = $250

It would get $250 from the overall budget.
5 0
3 years ago
In considering channels and logistics, what is the definition of intermodal transportation? Group of answer choices Combining tw
Taya2010 [7]

Answer:

Inter-modal transportation: Combining two or more modes of transportation

Explanation:

Logistics is the movement and coordination of resources such as food, liquids, materials, inventory, people and equipment from one location (origin) to another (destination). Intermodal transportation is used in logistics to transport a shipment from the shipper to the consignee. There are 3 methods of transportation:

  1. Ocean transportation e.g. ships
  2. Land transportation e.g. trucks, trains
  3. Air transportation e.g. flights

When any resource is transported by use of any two or more of these modes, it is known as intermodal transportation. For example, a container of clothing might be transported from Tokyo, Japan to New York, USA.

<u />

Japan factory to Japan Harbor: Train

Japan Harbor to USA Harbor: Ship

USA Harbor to warehouse in USA: Flight

Warehouse to shopping mall: Truck

5 0
3 years ago
A manager cannot complain that the budget was unrealistic and impossible to meet when
Bess [88]
I would say that if the manager was consulted on the budget then he/she couldn't complain that it was unrealistic and impossible to meet and if they had any problems with it then they should have spoken up when the budget was being formulated.
6 0
3 years ago
Ryan hates shopping for groceries. However, after he finishes his shopping, he is happy that he has groceries in the house. Whic
sladkih [1.3K]

Answer:

d. Utilitarian shopping value

Explanation:

Ryan does not love the process of shopping, however, he needs and respects its outcome. Therefore, his outlook on shopping is utilitarian and he sees purely <u>utilitarian shopping value</u> in the experience.

He does not go for a shopping spree, that is typical with consumer that look at shopping with a hedonistic value.

6 0
3 years ago
Tresnan Brothers is expected to pay a $3.00 per share dividend at the end of the year (i.e., D1 = $3.00). The dividend is expect
Mama L [17]

Answer:

Tresnan Brothers Current stock value per share is $60

Explanation:

Using the formula

Stock Price = D1 / (r - g)

Stock Price = $3 / (13%-8%)

Stock Price = $3 / 5%

Stock Price = $60

5 0
3 years ago
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