The Fix Anything Store pays a constant dividend. Last year, the dividend yield was 4.5 percent...
The Fix Anything Store pays a constant dividend. Last year, the dividend yield was 4.5 percent when the stock was selling for $36.25 a share. What must the stock price be today if the market currently requires a 4 percent dividend yield on this stock? Multiple Choice $40.78 $28.48 $25.89 $45.09 $38.37
Homework Answers
Add Answer to:
The Fix Anything Store pays a constant dividend. Last year, the
dividend yield was 4.5 percent...
Miller Brothers Hardware paid an annual dividend of $1.55 per share last month. Today, the company...
Miller Brothers Hardware paid an annual dividend of $1.55 per share last month. Today, the company announced that future dividends will be increasing by 3.40 percent annually. If you require a 8.7 percent rate of return, how much are you willing to pay to purchase one share of this stock today? Teder Corporation stock currently sells for $100 per share. The market requires a 12 percent return on the firm's stock. If the company maintains a constant 6 percent growth...
Burnett Corp. pays a constant $27 dividend on its stock. The company will maintain this dividend...
Burnett Corp. pays a constant $27 dividend on its stock. The company will maintain this dividend for the next 11 years and will then cease paying dividends forever. If the required return on this stock is 13 percent, what is the current share price? Multiple Choice $173.51 $297.00 $161.22 $153.55 $150.48
New Gadgets, Inc., currently pays no dividend but is expected to pay its first annual dividend of $5.05 per share...
New Gadgets, Inc., currently pays no dividend but is expected to pay its first annual dividend of $5.05 per share exactly 10 years from today. After that, the dividends are expected to grow at 3.8 percent forever. If the required return is 11.6 percent, what is the price of the stock today? Multiple Choice $21.61 $64.74 $46.28 $28.13 42411 20 of 20 <Prev Next Help Save & Exit Submit Brickhouse is expected to pay a dividend of $2.55 and $2.22...
You find a stock selling for $91.26 that has a dividend yield of 1.30 percent. What was the last quarterly dividend pai...
You find a stock selling for $91.26 that has a dividend yield of 1.30 percent. What was the last quarterly dividend paid? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Quarterly dividend share
2. Last year, the dividend yield of a stock was 4.9% when the stock was sold...
2. Last year, the dividend yield of a stock was 4.9% when the stock was sold for $43.50 per share. The stock pays a constant annual dividend. What is the current price of the stock if the current dividend yield is 4%? (Hint: calculate the stock dividend first.) 3. An investment earns 10% and 15% in the first year and second year, respectively, and loses 12% the third year. Calculate the arithmetic average return, the total compound rate of return...
Apocalyptica Corp. pays a constant $26 diMdend on Its stock. The company will malntain this dividend...
Apocalyptica Corp. pays a constant $26 diMdend on Its stock. The company will malntain this dividend for the next 10 years and will then cease paytng dMidends forever Required: If the required return on thls stock Is 9 percent, what Is the current share price? Multiple Choice $181.88 $175.20 $166.86 $163.52 00 0925
Finding the Dividend (LO1) Codner Corporation stock currently sells for $64 per share. The market requires...
Finding the Dividend (LO1) Codner Corporation stock currently sells for $64 per share. The market requires a 10 percent return on the firm's stock. If the company maintains a constant 4.5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
A stock has a beta of 0.85, the expected return on the market is 12 percent,...
A stock has a beta of 0.85, the expected return on the market is 12 percent, and the risk-free rate is 6 percent. What must the expected return on this stock be? Multiple choice 16.2% 11.54% 10.54% 11.1% 11.65% Alberto Trucking is expected to pay an annual dividend of $2.30 per share next year. The stock is currently selling for $32.50 a share. What is the expected total return on this stock if that return is equally divided between a...
The Flower & Gift Co. pays a constant annual dividend of $1.74 a share and currently...
The Flower & Gift Co. pays a constant annual dividend of $1.74 a share and currently sells for $15.00 a share. What is the total rate of return for this firm's stock? Question 6 options: 3.87 percent 4.64 percent 5.80 percent 10.40 percent 11.60 percent
A stock that pays a constant dividend of $2.50 forever currently sel ls for $24.00. What...
A stock that pays a constant dividend of $2.50 forever currently sel ls for $24.00. What is the required rate of return? 13. A) B) C) D) E) 9.6.0 % 10.4% 12.0% 12.5% 13.0% Suppose a firm invests $900 in a project. The initial cost is depreciated straight- Tine to zero over 3 years. Net income from the project is $100, $125 and $140 in each of the three years of the project's life. What is the average accounting return?...
New Gadgets, Inc., currently pays no dividend but is expected to pay its first annual dividend of $5.05 per share exactly 10 years from today. After that, the dividends are expected to grow at 3.8 percent forever. If the required return is 11.6 percent, what is the price of the stock today? Multiple Choice $21.61 $64.74 $46.28 $28.13 42411 20 of 20 <Prev Next Help Save & Exit Submit Brickhouse is expected to pay a dividend of $2.55 and $2.22...
You find a stock selling for $91.26 that has a dividend yield of 1.30 percent. What was the last quarterly dividend paid? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Quarterly dividend share
2. Last year, the dividend yield of a stock was 4.9% when the stock was sold for $43.50 per share. The stock pays a constant annual dividend. What is the current price of the stock if the current dividend yield is 4%? (Hint: calculate the stock dividend first.) 3. An investment earns 10% and 15% in the first year and second year, respectively, and loses 12% the third year. Calculate the arithmetic average return, the total compound rate of return...
Apocalyptica Corp. pays a constant $26 diMdend on Its stock. The company will malntain this dividend for the next 10 years and will then cease paytng dMidends forever Required: If the required return on thls stock Is 9 percent, what Is the current share price? Multiple Choice $181.88 $175.20 $166.86 $163.52 00 0925
A stock that pays a constant dividend of $2.50 forever currently sel ls for $24.00. What is the required rate of return? 13. A) B) C) D) E) 9.6.0 % 10.4% 12.0% 12.5% 13.0% Suppose a firm invests $900 in a project. The initial cost is depreciated straight- Tine to zero over 3 years. Net income from the project is $100, $125 and $140 in each of the three years of the project's life. What is the average accounting return?...
Most questions answered within 3 hours.
-
A large cable company reports the following.
80% of its customers subscribe to its cable TV...
asked 14 minutes ago -
Please answer the question in brief.
Discuss the role of ERP in organizations. Are ERP tools...
asked 27 seconds ago -
Discuss the pros and cons of collaborative software such
as SameTime. Does it increase productivity? What...
asked 12 minutes ago -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 7 minutes ago -
Buying your in-laws a gift because it’s expected is
due to the ____________ motive of gift-giving....
asked 16 minutes ago -
Calculate the expected value, the variance, and the standard
deviation of the given random variable X....
asked 59 minutes ago -
A hospital performs 100 surgeries per week. The probability that
complications after surgery occur is 10%....
asked 1 hour ago -
1 point) Given the significance level α=0.01 find the following:
(a) left-tailed z value z= (b)...
asked 57 minutes ago -
Assuming you are the head of the software development unit at
Cyber.Soft, explain and justify why...
asked 23 minutes ago -
Magnesium and nitrogen react in a combination reaction to
produce magnesium nitride. 3 Mg + N2...
asked 31 minutes ago -
Two electrons are initially at rest separated by a distance of
2nm. At time t=0, they...
asked 29 minutes ago -
A martial artist is practicing breaking 5 boards. He is able to
break aboard with probability...
asked 36 minutes ago