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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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b. continuous budgeting

Explanation:

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bureaucratic control

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3 years ago
Ramos Inc. has total assets of $1,000 and total liabilities of $450 on December 31, 20Y6. Assume that assets increased by $130 a
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The owner's equity be as of December 31, 20Y7 is $705

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And, So, the new liability is = total liabilities - decreased amount

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