Answer:
Share is worth = $30.94
Working:
The above excel with 'show formula' is as follows:
Temp Corp. just paid a $2.25 dividend. Because of a new invention, the dividend is expected...
1) A7X Corp. just paid a dividend of $1.30 per share. The dividends are expected to grow at 30 percent for the next 9 years and then level off to a growth rate of 9 percent indefinitely. If the required return is 13 percent, what is the price of the stock today? 2) Burnett Corp. pays a constant $19 dividend on its stock. The company will maintain this dividend for the next 6 years and will then cease paying dividends...
Mariota Corp. just paid a dividend of $3.45 per share on its stock. The dividend growth rate is expected to be 4.05 forever and investors require a return of 11.9 percent on this stock. What will the stock price be in 11 years?
A7X Corp. just paid a dividend of $1.40 per share. The dividends are expected to grow at 35 percent for the next 9 years and then level off to a growth rate of 8 percent indefinitely. If the required return is 12 percent, what is the price of the stock today?
Thirsty Cactus Corp. just paid a dividend of $1.25 per share. The dividends are expected to grow at 35 percent for the next 7 years and then level off to a 8 percent growth rate indefinitely. Required : If the required return is 13 percent, what is the price of the stock today?
Harrison Clothiers' stock currently sells for $39 a share. It just paid a dividend of $2.25 a share (that is, D0 = 2.25). The dividend is expected to grow at a constant rate of 5% a year. a. What stock price is expected 1 year from now? Round your answer to two decimal places. $ b. What is the required rate of return? Round your answers to two decimal places. % Ezzell Corporation issued perpetual preferred stock with a 9%...
Mariota Corp. just paid a dividend of $3.90 per share on its stock. The dividend growth rate is expected to be 3.6 forever and investors require a return of 12.8 percent on this stock. What will the stock price be in 13 years?
A7X Corp. just paid a dividend of $1.55 per share. The dividends are expected to grow at 35 percent for the next 7 years and then level off to a growth rate of 6 percent indefinitely. If the required return is 15 percent, what is the price of the stock today? a. $2.02 b. $56.08 c. $77.77 d. $79.32 E. $76.21
Thirsty Cactus Corp. just paid a dividend of $1.50 per share. The dividends are expected to grow at 35 percent for the next 8 years and then level off to a 6 percent growth rate indefinitely. Required : If the required return is 13 percent, what is the price of the stock today? rev: 09_18_2012 $3.58 $125.72 $123.26 $94.26 $120.79
The Compreses Corp has just paid a dividend of $0.5 per share. Dividends are expected to grow indefinitely at a constant rate of 6% per year. The risk-free rate is 4%, and the expected return on the market portfolio is 12%. The stock has a beta of .75. What is the intrinsic value of Compreses Corp?
Mariota Corp. just paid a dividend of $4.25 per share on its stock. The dividend growth rate is expected to be 3.25 forever and investors require a return of 13.5 percent on this stock. What will the stock price be in 13 years? Multiple Choice $57.16 $12.51 $64.88 $49.26