maricelajacinto1931 maricelajacinto1931

02-01-2021
Business

contestada

What constant-growth rate in dividends is expected for a stock valued at $32.40 if next year's dividend is forecast at $2.20 and the appropriate discount rate is 13.6%

Respuesta :

topeadeniran2 topeadeniran2

03-01-2021

Answer: 6.81%

Explanation:

To calculate the growth rate, we'll use the formula:

Price = Expected Dividend / Discount - Growth rate

32.40 = 2.20 / 13.60% - Growth rate

13.6% - Growth rate = 2.20/32.40

Growth rate = 13.60% - 6.79%

Growth rate = 6.81%

Answer Link

Otras preguntas

solve each equation t-2.7 =23.5

How much simple interest rate would earn if had $10,000 and you were being paid 5% for 15 months?

How is a lithium atom (Li) different from a lithium ion (Li+)

something x something x something =70

cheddar cheese costs 7.50 for 1 kg Marie buys 200 grams of cheddar cheese how much does she pay

All of the following are examples of positive peer pressure directed at exercising except: a. exercising alone b. joining a sports team c. exercising with a

Why did the British impose new taxes on the colonies after the French and Indian War? A. The British felt that the colonies should pay for the protection they

In which of the following does thermal conduction happen fastest? A. liquid B. Solid C. Gas D. vacuum

The revolution of the Earth creates day and night as it rotates around the Sun. a. True b. False

what is the square root of 69