subject
Business, 07.08.2021 01:00 PaMuth1100

The RLX Company just paid a dividend of $1.90 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. Investors require a return of 10 percent on the company's stock. a. What is the current price?
b. What will the price be in three years?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 04:10
Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.
Answers: 2
question
Business, 22.06.2019 17:00
Explain how can you avoid conflict by adjusting
Answers: 1
question
Business, 22.06.2019 23:40
Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%
Answers: 1
question
Business, 23.06.2019 00:20
According to the naeyc curriculum is effective when all of the following occur except
Answers: 2
You know the right answer?
The RLX Company just paid a dividend of $1.90 per share on its stock. The dividends are expected to...
Questions
question
Mathematics, 17.11.2020 22:20
question
Mathematics, 17.11.2020 22:20
Questions on the website: 13722363