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Dominik [7]
3 years ago
14

Stoneheart Group is expected to pay a dividend of $3.23 next year. The company's dividend growth rate is expected to be 3.6 perc

ent indefinitely and investors require a return of 12 percent on the company's stock. What is the stock price?
Business
1 answer:
prisoha [69]3 years ago
7 0

Answer:

$38.45

Explanation:

Data provided

Next year dividend = $3.23

Required rate of return = $12%

Growth rate = 3.6%

The solution of the stock price is shown below:-

Stock price = Next year dividend ÷ (Required rate of return - Growth rate)

= $3.23 ÷ (12% - 3.6%)

= $38.45

So, we have solved the stock price with the help of above formula.

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Under the__________, success is usually measured by how well companies achieve recruitment, promotion, and retention goals for w
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Answer: discrimination and fairness paradigm (C)

Explanation:

Discrimination and fairness paradigm is a common form of diversity management that focuses on fair treatment, and equal opportunity for the recruitment of minorities, and also complying strictly with the equal employment laws.

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5 0
3 years ago
Management anticipates fixed costs of $72,500 and variable costs equal to 40% of sales. What will pretax income equal if sales a
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8 0
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Consider two neighboring island countries called Euphoria and Contente. They each have 4 million labor hours available per week
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4

2

Contente

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