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klio [65]
3 years ago
10

Portman Industries just paid a dividend of $2.40 per share. The company expects the coming year to be very profitable, and its d

ividend is expected to grow by 12.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 2.40% per year. The risk-free rate (Rr) is 3.00%, the market risk premium (RPM) is 3.60%, and Portman's beta is 1.20. Term Value Dividends one year from now (D1)$2.6880 Horizon value (P1) Intrinsic value of Portman's stock Assuming that the market is in equilibrium, use the information just given to complete the table What is the expected dividend yield for Portman's stock today? O 5.16% O 3.94% O 4.92% O 4.80%
Business
1 answer:
Marina86 [1]3 years ago
4 0

Answer:

Dividend for year one;

2.40 × (1+0.12)= 2.688

For year 2

2.40 × (1+0.12)^2 =3.01056

For year 3

2.40 ×(1+0.12)^3 = 3.3718

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500* .025=12.05 take that times it by 8 12.50*8=100
Hope this helps and hope it's right good luck have a nice nite
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5 0
3 years ago
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Which of the following statements accurately describes the economic policy of mercantilism?
labwork [276]

The best answer is letter a.<span> It downplayed the role of government in stimulating economic growth.</span>

>>The main goal of mercantilism was to increase a nation's wealth by imposing government regulation concerning all of the nation's commercial interests.
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5 0
3 years ago
If a retailer needed help with store design and training sales personnel, it would most likely use the services of a?
Jet001 [13]

If a retailer needed help with store design and training sales personnel, it would most likely use the services of a full-service wholesaler.

A service is "an act or use for which a consumer, commercial enterprise, or authorities is inclined to pay." Examples include paintings by way of hairdressers, medical doctors, lawyers, mechanics, banks, coverage organizations, and many others. Public offerings are paid for by society as a whole.

Lively occupation or role. b : Employment as a servant has started. 2a : work finished with the aid of good humans. b : assist, use, use like helping.

A service is a pastime or overall performance that constitutes a suggestion to any other individual this is intangible in nature and does now not bring about any possession. ”

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6 0
2 years ago
Omega Company makes and sells jungle gyms and tree houses for children. For jungle gyms, the price is $150 and the variable expe
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Answer:

b 5:3

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6 0
3 years ago
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Happy​ Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The Workminusinmin
sertanlavr [38]

Answer:

80 % of materials ;  43 % of conversion costs

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So the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).

All these physical units need to be expressed to the percentage of work done on them - equivalent units.

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3 years ago
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