Dividend per share paid on the stock

Assignment Help Finance Basics
Reference no: EM133003147

Mannix Corporation stock currently sells for $105 per share. The market requires a return of 12 percent on the firm's stock.

If the company maintains a constant 5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?

Reference no: EM133003147

Questions Cloud

Determine the npv of the alternative : Suppose a borrower knows at time t = 0 that it will have available at time t = 1 an opportunity to invest $340 in a risky project that will pay off at time t =
What does this imply about today 90-day bank yield : Li Ping Sledges has today invested in a 180-day bank bill with a face value of $10million, priced to yield 3.25 per cent per annum. Simultaneously she has sold
What are the drivers of growth in the fast-casual industry : What are the drivers of growth in the fast-casual industry? What is the driver of growth at Panera? (Please be detailed)
What is the price of the stock today : A7X Corp. just paid a dividend of $1.55 per share. The dividends are expected to grow at 40 percent for the next 8 years and then level off to a growth rate of
Dividend per share paid on the stock : If the company maintains a constant 5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?
How much will suraya be expected to pay annually : Suraya wants to buy a property for $600,000 and wants 80 percent loan, lender (I&M Bank) indicates that a fully amortizing loan can be obtained for 15 years at
What is the current value of a zero-coupon bond : What is the current value of a zero-coupon bond that pays a face value of $1,000 at maturity in 7 years if the appropriate discount rate is 11%.
What is the value of the stock : Sanding and Bending Inc. will pay no dividends for the next seven years. In the Year 8, it will pay a dividend of $6 and maintain a constant growth of 6 percent
What is the spot rate forecasted for one year : Assume that the forward rate is used to forecast the spot rate. The one year-forward rate of the Mexican peso contains a 7% discount.

Reviews

Write a Review

Finance Basics Questions & Answers

  Finding money to finance small business can be real

finding money to finance your small business can be a real challenge. you might look to the traditional avenues such as

  Challenges brought by transition to cashless transactions

How do consumers deal with the challenges brought by transition to cashless transactions? How consumers, holistically, perceive the transition to cashless tran

  Why banks normally include a cleanup provision

Why the annual financing cost of secured credit is frequently higher than that of unsecured credit.- Explain why banks normally include a "cleanup" provision in a line of credit agreement.

  What is the expected rate of return of the market portfolio

A particular stock has a beta of 1.4 and an expected return of 11.2. The expected risk premium on the market portfolio is 7%. What is the expected rate.

  How much would be willing to lend the business owner

Present Value of Multiple Annuities A small business owner visits his bank to ask for a loan. The owner states that he can repay a loan at $1,800 per month.

  Why would anyone buy a premium bond

Why would anyone buy a premium bond, thus guaranteeing themselves a capital loss when holding the bond to maturity? Keep your answer as concise as possible.

  What changes have occurred in the human service sector

What changes have occurred in the human service sector that have made government and private contributors more concerned with organizations' audits and audit procedures

  Find the early withdrawal penalty

Which of the following qualified plan distributions will be subjected to a 10% early withdrawal penalty?

  Johnson paint stock has an expected return of 19 with a

johnson paint stock has an expected return of 19 with a beta of 1.7 while williamson tire stock has an expected return

  What is the project mirr

What is the project's MIRR? Do not round off intermediate calculation. Round your answer to two decimal places.

  Simon corporation has 800000 common shares outstanding the

simon corporation has 800000 common shares outstanding. the capital budget for the upcoming year is 2 million. new

  Assessing a company return on equity

GeKay Inc is levered with debt/value of 0.4. Analysts are forecasting GeKay's EPS for next year at $2 and a return on equity (ROE) of 18%.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd