Lohn corporation is expected to pay the following dividends over the next four years: $16, $12, $11, and $7.50. afterwards, the company pledges to maintain a constant 6 percent growth rate in dividends forever. if the required return on the stock is 16 percent, what is the current share price?

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value