Question

Cooperton Mining just announced it will cut its dividend from $4.16 to $2.73 per share and use the extra funds to expand. Pri
0 0
Add a comment Improve this question Transcribed image text
Answer #1

New price for coopertons stock: 2.73 4.16 1.92 +0.034 - 0.046 0.1173-0.046 = 38.29 2.1 0.0713 expansion As new is not price

Add a comment
Know the answer?
Add Answer to:
Cooperton Mining just announced it will cut its dividend from $4.16 to $2.73 per share and...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Cooperton Mining just announced it will cut its dividend from $3.83 to $2.73 per share and...

    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...

  • 13. Cooperton Mining just announced it will cut its dividend from $3.99 to $2.38 per share...

    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 $3.85 to $2.28 per share and use the extra funds to expand...

    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 $4.17 to $ 2.36 per share...

    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...

  • ork 594 ou Cooperton Mining just announced it will cut its dividend from $3.77 to $2.68...

    ork 594 ou Cooperton Mining just announced it will cut its dividend from $3.77 to $2.68 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.1% rate, and its share price was $51.26. 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...

  • P 7-17 (similar to) Question Help | * Cooper on Mining Just announced it will cut...

    P 7-17 (similar to) Question Help | * Cooper on Mining Just announced it will cut its dividend from $3.88 o $2.63 per share and use the extra funds to expand. Pr or to the announcement. Cooper on's dvidends were expected to grow at a 3.3% rate, and its share price was $51.46 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...

  • Score: 0 of 1 pt 8 of 8 (6 complete) Score: 66.67%, 5.33 of 8 P 7-17 (similar to) Question Help C...

    Score: 0 of 1 pt 8 of 8 (6 complete) Score: 66.67%, 5.33 of 8 P 7-17 (similar to) Question Help Cooperton Mining ust announced it will cut its dividend from $3.91 to S2.65 per share and use the extra funds to expand. Prior to the announcement Cooperton's dividends were expected to grow at a 3.1% rate and its share price was $50.82. With the planned expansion, Cooper on's d dends are expected to grow at a 4 8 %...

  • CH7 1. Laurel Enterprises expects earnings next year of $3.84 per share and has a 50%...

    CH7 1. Laurel Enterprises expects earnings next year of $3.84 per share and has a 50% retention rate, which it plans to keep constant. Its equity cost of capital is 1 1%, which is also its expected return on new investment. Its earnings are expected to grow forever at a rate of 5.5% per year If its next dividend is due in one year, what do you estimate the firm's current stock price to be? 2, Laurel Enterprises expects earnings...

  • JRN Enterprises just announced that it plans to cut its dividend from $ 2.75 to $...

    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 the​expansion, 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 fun...

    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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT