Afirms dividends have grown over the last several years

Assignment Help Financial Management

Reference no: EM131341375

Afirms dividends have grown over the last several years. 6years ago the firm paid a dividend of $1. Yesterday it paid a dividend of $7. What is the average annual growth of dividends. Round the answer to two decimal places.

For the next 10 years, you decide to place $1,385 in equal year-end deposits into a savings account earning 4.91 percent per year. How much money will be in the account at the end of that time period? Round the answer to two decimal places.

Reference no: EM131341375

Questions Cloud

What is real rate of return for large-cap stocks : Large-cap stocks had the nominal rates of return of 7.44 percent. The rate of inflation during the last year was 1.7 percent. What is the real rate of return for large-cap stocks?

What is its pretax cost of equity and cost of debt : Clifford, Inc., has a target debt-equity ratio of .71. Its WACC is 8.5 percent, and the tax rate is 34 percent. If the company's cost of equity is 11.1 percent, what is its pretax cost of debt? If the aftertax cost of debt is 5.3 percent, what is the..

What is the present value of the annuity : What is the present value of a $536 perpetuity discounted back to the present at 11.92 percent. What is the present value of the following annuity? You plan to apply for a loan from Bank of America. The nominal interest rate for this loan is 9.56 per..

Same yield-price plane with yield on the horizontal axis : Consider a bond (bond1) which matures in 30 years and a bond (bond2) which matures in 15 years. Both have a facevalue $100 and semi annunal coupon payment of 7%(2). Draw the price yield curves for bond1 and bond2 on the same yield-price plane with yi..

Afirms dividends have grown over the last several years : Afirms dividends have grown over the last several years. 6years ago the firm paid a dividend of $1. Yesterday it paid a dividend of $7. What is the average annual growth of dividends.

What is present value of the annuity : What is the present value of the following annuity? $2,955 every year at the end of the for the next 10 years, discounted back to the present at 10.56 percent per year, compounded annually? Round the answer to two decimal places.

Plan to buy a house : You plan to buy a house in 15 years. you want to save money for a down payment on the new house. You are able to place $286 every month at the end of the months into a savings account at an annual rate 11.43% compounded monthly. How much money will b..

What is meant by pure play approach to estimating : It seemed like she was causing troubles wherever she went. At her previous job, Wendy had successfully persuaded the top management to implement a system that recognizes the differential risks for different divisions and evaluate projects based on ri..

What is the npv break-even level of diamonds sold per year : Dime a Dozen Diamonds makes synthetic diamonds by treating carbon. Each diamond can be sold for $160. The materials cost for a standard diamond is $60. What is the accounting break-even level of sales in terms of number of diamonds sold? What is the ..

User Account

All Pages