aredding6282
17.06.2020 •
Business
A company has just paid an annual dividend of $4.00 per share. The company will increase its dividend by 30 percent next year. The firm will then reduce its dividend growth rate by 6 percent each year until the dividend reaches the industry average of 6 percent growth. The firm will then maintain that dividend growth rate forever. The annual required rate of return for the company is 13 percent. Find the price of the stock.
Solved
Show answers
More tips
- F Family and Home What s That Noise When a Kettle Boils? The Science of Water and Steam...
- S Style and Beauty Ultimate Guide on How to Care for Suede Shoes...
- S Sport Running: How to Do It Right?...
- F Food and Cooking How to Cook Spaghetti Right – Secrets and Tips...
- P Philosophy Personal attitude towards Confession: how to prepare and undergo the procedure correctly?...
- H Health and Medicine Flu: How to Recognize It by the First Symptoms?...
- F Food and Cooking How to Sober Up Quickly? Important Facts and Tips...
- H Health and Medicine How to Properly Take a Blood Sugar Test?...
- H Health and Medicine Simple and Effective: How to Get Rid of Cracked Heels...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
Answers on questions: Business
- B Business A firm s dividends have grown over the last several years. 3 years ago the firm paid a dividend of $1. Yesterday it paid a dividend of $7. What was the average annual growth rate...
- B Business A certain town in the Midwest obtains all of its electricity from one company, North-star Electric. Although the company is a monopoly, it is owned by the citizens of the town,...
- B Business Firms in monopolistic competition would: Select one: a. persistently realize economic profits in both the short and long run b. may realize economic profits in the long run and...
- B Business g On January 2, 2019, Shank Co. issued at par $300,000 of 9% convertible bonds. Each $1,000 bond is convertible into 60 shares. No bonds were converted during 2019. Shank had 100,000...
- B Business During its first year of operations, Mack s Plumbing Supply Co. had sales of $550,000, wrote off $8,800 of accounts as uncollectible using the direct write-off method, and reported...
- B Business Use Cramer s ruleX + 2z=6-3x + 4y + 6 Z=30-x-2y+3Z=8...
- B Business You want to send an email to members of your team working on a school project. In which field would you put the email addresses of the team members? O Cc: O To: ОВсс: :...
- B Business If inflation in the u.s. is higher than inflation in other countries, what will be the effect on net exports for the u.s.?...
- B Business All of the following are characteristics of smart goals except...
- M Mathematics Josh went to applebee s and enjoyed a delicious steak. he enjoyed his server and wanted to give her an extra special tip . usually josh tips 20 % to all servers . today he tipped...
Ответ:
A. Limited Supply
Explanation:
I just got it right