Mannix corporation stock currently sells for $75 per share. the market requires a return of 9...
Mannix corporation stock currently sells for $75 per share. the market requires a return of 9 percent on the firm's stock. If the company maintains a constant 5 percent growth rate in dividends, what what the most recent dividend per share paid on the stock?
A) 4.97
B) 2.74
C) 2.86
D) 3.00
E) 10.55
Homework Answers
Required return=(D1/Current price)+Growth rate
0.09=(D1/75)+0.05
D1=(0.09-0.05)*75
= $3
Hence recent dividend per share paid=D1*Present value of discounting factor(rate%,time period)
= $3/1.05
=$2.86(Approx).
Add Answer to:
Mannix corporation stock currently sells for $75 per share. the
market requires a return of 9...
Mannix Corporation stock currently sells for $75 per share. The market requires a return of 8.8...
Mannix Corporation stock currently sells for $75 per share. The market requires a return of 8.8 percent on the firm's stock. If the company maintains a constant 2.4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Dividend paid per share
Mannix Corporation stock currently sells for $85 per share. The market requires a return of 11...
Mannix Corporation stock currently sells for $85 per share. The market requires a return of 11 percent on the firm's stock. If the company maintains a constant 8 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $2.55 $4.46 $16.23 $2.36 $2.27
Mannix Corporation stock currently sells for $80 per share. The market requires a return of 11...
Mannix Corporation stock currently sells for $80 per share. The market requires a return of 11 percent on the firm's stock. If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? A) $14.47 B) $2.99 C) $2.87 D) $3.20 E) $5.11
Mannix Corporation stock currently sells for $31 per share. The market requires a return of 11.6 percent on the firm...
Mannix Corporation stock currently sells for $31 per share. The market requires a return of 11.6 percent on the firm’s stock. If the company maintains a constant 3.8 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Teder Corporation stock currently sells for $45 per share. The market requires a 9 percent return...
Teder Corporation stock currently sells for $45 per share. The market requires a 9 percent return on the firm's stock. Required : If the company maintains a constant 6 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? $1.22 $3.32 $1.35 $6.81 $1.27
Vulcano Corporation stock currently sells for $76 per share. The market requires a return of 9...
Vulcano Corporation stock currently sells for $76 per share. The market requires a return of 9 percent on the firm's stock. If the company maintains a constant 2.5 percent growth rate in dividends, what was the most recent dividend per share pald on the stock? (Do not round intermediate calculations and round your answer to 2 decimel places, e.g., 32.16.) Dividend pald per share
Teder Corporation stock currently sells for $110 per share. The market requires a 13 percent return...
Teder Corporation stock currently sells for $110 per share. The market requires a 13 percent return on the firm's stock. Required: If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
Teder Corporation stock currently sells for $95 per share. The market requires a 7 percent return on the firm's stock. R...
Teder Corporation stock currently sells for $95 per share. The market requires a 7 percent return on the firm's stock. Required : If the company maintains a constant 4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
Teder Corporation stock currently sells for $110 per share. The market requires a 7 percent return...
Teder Corporation stock currently sells for $110 per share. The market requires a 7 percent return on the firm's stock. Required : If the company maintains a constant 4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? $12.14 $5.30 $3.30 $3.17 $3.05
Secolo Corporation stock currently sells for $25 per share. The market requires a return of 10.4...
Secolo Corporation stock currently sells for $25 per share. The market requires a return of 10.4 percent on the firm's stock. If the company maintains a constant 3.2 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) $ Dividend paid per share
Mannix Corporation stock currently sells for $75 per share. The market requires a return of 8.8 percent on the firm's stock. If the company maintains a constant 2.4 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Dividend paid per share
Vulcano Corporation stock currently sells for $76 per share. The market requires a return of 9 percent on the firm's stock. If the company maintains a constant 2.5 percent growth rate in dividends, what was the most recent dividend per share pald on the stock? (Do not round intermediate calculations and round your answer to 2 decimel places, e.g., 32.16.) Dividend pald per share
Teder Corporation stock currently sells for $110 per share. The market requires a 13 percent return on the firm's stock. Required: If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
Secolo Corporation stock currently sells for $25 per share. The market requires a return of 10.4 percent on the firm's stock. If the company maintains a constant 3.2 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) $ Dividend paid per share
Most questions answered within 3 hours.
-
26) Briefly describe, using words or simple diagrams, the
chemiosmotic theory for coupling oxidation to phosphorylation...
asked 1 hour ago -
Suppose that XX is a random variable with mean 16 and standard
deviation 5 . Also...
asked 2 hours ago -
Calculate the number density of argon gas at a temperature of
24C and a pressure of...
asked 5 hours ago -
Alternative
Classification
How to Estimate
Probabilities from Data? ( For continuous Attributes)
And How to generate...
asked 5 hours ago -
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 6 hours ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 7 hours ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 8 hours ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 8 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 8 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 9 hours ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 9 hours ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 9 hours ago