subject
Business, 14.04.2020 19:21 tshort2000oyreb1

A stock is expected to have a dividend per share of $0.60 at the end of the year (D1 = 0.60). The dividend is expected to grow at a constant rate of 7% per year, and the stock has a required return of 12%. What is the expected price of the stock five years from today? (That is, what is ?)

a. $12.02
b. $15.11
c. $21.15
d. $16.83
e. $15.73

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 17:30
Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?
Answers: 3
question
Business, 22.06.2019 19:50
Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?
Answers: 1
question
Business, 23.06.2019 02:00
Upper a fish farm raises salmon and trout.a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.
Answers: 2
question
Business, 23.06.2019 11:30
Which of the following is/are required to be in writing under the ucc's statute of frauds? a. a $10,000 oral contract dealing with specially manufactured goods. b. a $550 oral contract dealing with unique goods. c. a $100,000 oral contract involving the lease of goods where the defendant admits the existence of the contract in court. d. a $12,000 oral contract where the seller ships the goods and the buyer takes possession of half of the goods. e. all of the above.
Answers: 1
You know the right answer?
A stock is expected to have a dividend per share of $0.60 at the end of the year (D1 = 0.60). The di...
Questions
question
Mathematics, 06.05.2020 20:06
question
Mathematics, 06.05.2020 20:06
Questions on the website: 13722363