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horsena [70]
3 years ago
5

For the past six years, the stock price of Slippery Rock Mining has been increasing at a rate of 7.3 percent per year. Currently

, the stock is selling for $77 per share and has a required return of 9.5 percent. What is the dividend yield
Business
1 answer:
wel3 years ago
6 0

Answer: 2.2%

Explanation:

The dividend yield base on the information given in the question will be calculated as the difference between the required return on the stock and the growth rate. This will be:

= 9.5% - 7.3%

= 2.2%

Therefore, the dividend yield is 2.2%.

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"esprit de corps”' is a term associated with
Aleks04 [339]
<span>"esprit de corps” is mostly associated with loyalty and camaraderie. The following (order and discipline, morale, goals and accountability, mentoring, communication) are related to the meaning of the phrase. 

a. order and discipline are evident in a group when the team respects the leader, as well as the leader respects his team. This is the foundation of discipline. 

</span>
4 0
3 years ago
What is the present value of 4360 to be received at the beginning of each of 30 periods discounted at 5% compound interest
Sloan [31]

Answer:

The right solution is "70375.08".

Explanation:

Given that,

Present value,

= 4360

Interest rate,

= 5%

Time period,

= 30

Now,

The present value of inflows will be:

= (1+rate)\times \frac{Present \ value[1-(1+Interest \ rate)^{-time \ period}]}{rate}

= 1.05\times 4360\times \frac{[1-(1.05)^{-30}]}{0.05}

= 4360\times 16.1410736

= 70375.08

5 0
3 years ago
Jacobs Company borrowed $100,000 at 8 percent interest for three months.
ASHA 777 [7]

Answer:

B. $2,000

Explanation:

The principal amount is $100,000

Interest rate is 8% usually per year ( 12 months)

Loan duration, three months:

Annual interest = $100,000.00 x 8%

   =$100,000.00x 0.08

   =$ 8000.00

Interest for 3 months

   =3/12x$8000.00

   =0.25x$8000.00

   =$2000

4 0
3 years ago
Which of the following statements regarding an internal rate of return analysis is false?
gulaghasi [49]

Answer: Option D

Explanation: Internal rate of return ,denoted as IRR, is the rate at which the net present value of a capital investment is zero. It is the rate at which the cash flows of the investment are discounted back to calculate the present value.

While, required rate of return is that return which an investor expects to achieve over time from a capital project.

Thus, one would only select a capital project only if the NPV of a project is positive which can only happen when the return on investment, that is, IRR, is greater than cost of capital, that is, required rate of return.

4 0
3 years ago
Your bank is offering you an account that will pay 20 % interest in total for a​ two-year deposit. Determine the equivalent disc
Crank

Answer: a. 0.042 b. 0.086 c. 0.00692

Explanation:

NOTE: Convert months to years. So 24 months = 2 years.

a. Six months

Months to year conversion gives: 6months/24months as 1/4 years

= (1 + 18%)^ 1/4 — 1 x 100%

= 1.042 — 1

= 0.042

Equivalent Discount Rate = 0.042

b. One year

12months/24months as 1/2 years

= (1 + 18%)^1/2 — 1 x 100%

= 0.086

Equivalent Discount Rate = 0.086

c. 1 month

1month/24months as 1/24 years

= (1 + 18%)^1/24 — 1 x 100%

= 0.00692

6 0
3 years ago
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