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Lapatulllka [165]
2 years ago
9

Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 9 years because the

firm needs to plow back its earnings to fuel growth. The company will then pay a dividend of $15.75 per share 10 years from today and will increase the dividend by 5 percent per year thereafter.
If the required return on this stock is 13 percent, what is the current share price?
Business
1 answer:
Diano4ka-milaya [45]2 years ago
7 0

Answer 45k ...

Explanation:

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If the price of butter increases, then the demand for margarine will likely _____. increase decrease
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Marcy listed her property with Jennings Homes in March. The market was slow, and Marcy's property isn't in great condition—thoug
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3 years ago
Kevin bought 290 shares of Intel stock on January 1, 2019, for $86 per share, with a brokerage fee of $190. Then, Kevin sells al
Yuliya22 [10]

Answer:

Gain $1,600

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3 years ago
"what is the first stage of the marketing research process?"
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3 years ago
Houpe Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sell
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Answer:

Effect on income= -$2,100

Explanation:

Giving the following information:

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