Value of the share of JRN after the announcement= $19.32
please provide step by step analysis 20. JRN Enterprises just announced that it plans to cut...
Please assist JRN Enterprises just announced that it plans to cut its dividend from $2.75 to $1.10 per share and use the extra funds to expand its operations. Prior to this announcement. JRN's dividends were expected to grow at 6% per year and JRN's stock was trading at $25.50 per share. With the new expansion, JRN's dividends are expected to grow at 12% per year indefinitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share...
JRN Enterprises just announced that it plans to cut its dividend from $ 2.75 to $ 1.30 per share and use the extra funds to expand its operations. Prior to this announcement, JRN's dividends were expected to grow at 4% per year and JRN's stock was trading at $ 25.00 per share. With the new expansion, JRN's dividends are expected to grow at 8% per year indefinitely. Assuming that JRN's risk is unchanged by theexpansion, the value of a share...
JRN Enterprises just announced that it plans to cut is dividend from $2.75 to $1.10 per share and use the extra funds to expand its operations. Prior to this announcement RN's dividends were expected to grow at 6% per year and JRN's stock was trading at $25.50 per share. With the new expansion, JRN's dividends are expected to grow at 12% per year indefinitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN...
JRN Enterprises just announced that it plans to cut its dividend from $ 2.50 to $1.40 per share and use the extra funds to expand its operations. Prior to this announcement, JRN's dividends were expected to grow at 6% per year and JRN's stock was trading at $ 26.00 per share. With the new expansion, JRN's dividends are expected to grow at 12% per year indefinitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share...
JRN Enterprises just announced that it plans to cut its dividend from $2.75 to $1.40 per share and use the extra funds to expands its operations. Prior to this announcement, JRN's dividends were expected to grow at 6% per year and urn's stock was trading at $24.00 per share, With the new expansions, JRN's dividends are expected to grow at 12% per year indefinitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN...
Cooperton Mining just announced it will cut its dividend from $4.17 to $ 2.36 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.2 % rate, and its share price was $ 50.68 With the planned expansion, Cooperton's dividends are expected to grow at a 4.5 % rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk.) Is...
13. Cooperton Mining just announced it will cut its dividend from $3.99 to $2.38 per share and use the extra funds to expand. Before the announcement, Cooperton's dividends were expected to grow at a 3.4% rate, and its share price was $48.83. With the planned expansion, Cooperton's dividends are expected to grow at a 4.7% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk.) Is the expansion a good...
Cooperton Mining just announced it will cut its dividend from $3.83 to $2.73 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.3% rate, and its share price was $51.57. With the planned expansion, Cooperton's dividends are expected to grow at a 48% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk.) Is the expansion a good...
Cooperton Mining just announced it will cut its dividend from $3.85 to $2.28 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.3% rate, and its share price was $48.53. With the planned expansion, Cooperton's dividends are expected to grow at a 4.6% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk.) Is the expansion a good...
Cooperton Mining just announced it will cut its dividend from $4.16 to $2.73 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.4% rate, and its share price was $49.92. With the planned expansion, Cooperton's dividends are expected to grow at a 4.6% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk.) Is the expansion a good...