Estimate of shatins stock price after this announcement

Assignment Help Financial Management

Reference no: EM131884219

Shatin Intl. has 9.5 million shares, an equity cost capical of 13% and is expected to pay a total divident of $19.1 million each year forever. It announces that it will increase its payout to shareholders. Instead of keeping its dividends it will keep it constant and will start repurchasing $10.1 million of stock each year. What is your estimate of Shatins stock price after this announcement? In the nearest cent.

Reference no: EM131884219

Questions Cloud

Future value annuity based on this new time frame : Recalculate the deposits of the future value annuity based on this new time frame.

What were the main discussion points on the agenda : Were there issues that may have had a different outcome, in your opinion, had there been more involvement by the school principals in your district?

How do the documents help you understand the era : How do the documents help you understand the era? What are some important factors to consider when looking at these documents?

What is the tax income consequences idea : Thomas and Robert are partners in a small successful restaurant. They want to expand but need a new location. They think their business has a FMV of $2,000,000.

Estimate of shatins stock price after this announcement : What is your estimate of Shatins stock price after this announcement? In the nearest cent

Identify and detail information polling agency-organization : For this discussion you are required to research and identify a public opinion poll. Identify and detail information the polling agency/organization.

Is there a way you might be able to improve the lesson : Describe the lesson and how the media impacts student learning? Is there a way you might be able to improve the lesson?

Principles on which the insurance industry operates : There are seven principles on which the insurance industry operates.

Should bank go long or short on the futures contracts : Dudley Savings Bank wishes to take a position in Treasury bond futures contracts, Should the bank go long or short on the futures contracts?

User Account

All Pages