User Account

All Pages

Grow at long-term growth rate

Assignment Help Basic Computer Science
Reference no: EM131206029

Maxim Inc. reported a per-share book value of $10.47 in its balance sheet on December 31, 2014. In early 2015, analysts were forecasting consensus earnings per share of $1.71 for 2015 and 1.96 for 2016. Assume a dividend payout ratio of 50% and required rate of return of 10%.

a) Calculate the per share value in early 2015 assuming that residual earnings will grow at long-term growth rate of 4%, the average GDP growth rate, after 2016.

b) Maxim Inc. was traded at $36 per share in early 2015. What is the forecast of the residual earnings growth rate after 2016 that is implied in the stock price of $36?

Reference no: EM131206029

Questions Cloud

Balance-of-payment equilibrium : Explain the mechanism that restores the balance-of-payment equilibrium when it is disturbed under the gold standard.
Balance-of-payment equilibrium : Explain the mechanism that restores the balance-of-payment equilibrium when it is disturbed under the gold standard.
Analyze the role the professional licensing group plays : Analyze and comment on the role this professional licensing group plays in the creation of policy within the profession as well as the impact those policies potentially have on the economics of health services.
Firm commitment underwriting : In your own words explain the differences between a Firm Commitment Underwriting and a Best Efforts Underwriting Please explain in your own words what a Firm Commitment Underwriting is.
Grow at long-term growth rate : Calculate the per share value in early 2015 assuming that residual earnings will grow at long-term growth rate of 4%, the average GDP growth rate, after 2016.
Write the equations for the current ic : Determine vC after one, three, and five time constants. -  Write the equations for the current iC and the voltage vR.
Calculate the new equilibrium interest rate and quantity : Calculate the new equilibrium interest rate and quantity, and explain why the direction of the interest rate shift makes intuitive sense.
Research paper surveying a popular algorithm : This assignment consists of writing a research paper surveying a popular algorithm. Your paper must conform to the American Psychological Association (APA) writing style. Your paper must use reputable scholarly references
Calculate the apr which mr brown paid : Calculate the APR which Mr Brown paid for the 30 day loan. Comment on whether this loan legally or morally constitutes usury?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Organize the product development process for product

This system uses a high-resolution camera to inspect drug labels to ensure they contain the proper information to meet the ever evolving governmental standards. Your task is to organize the product development process for this revolutionary produc..

  Would you consider the problem to be tractable

Suppose the best algorithm for solving a problem would require 100 years to execute. Would you consider the problem to be tractable? Why?

  Derive an expression for the number of 2 × 2 switching

Derive an expression for the number of 2 × 2 switching elements needed to make an n × n banyan network. Verify your answer for n = 8.

  Outside gridlines not affected table''s border true false

The outside gridlines are not affected by a table's border attribute; only the internal gridlines are changed. True False

  Responsibilities of job when designing digital portfolio

Do you think that your digital portfolio should depend on the job, title, or industry you are planning or working on getting into? Do task and responsibilities of a specific job matter when designing your digital portfolio?

  Discuss the disadvantages of creating a bit-stream

Discuss the disadvantages of creating a bit-stream copy from a disk to a network drive. Is it worthwhile. Discuss the advantages and disadvantages of using a USB or parallel port dongle for licensing purposes.

  How implement memory allocation with strings

how implement memory allocation with strings.

  Work breakdown structure

This assignment contains two (2) deliverables: a summary document to be delivered in a word processor document format and a Work Breakdown Structure (WBS) to be delivered in a project file.

  Calculate the apr which mr brown paid

Calculate the APR which Mr Brown paid for the 30 day loan. Comment on whether this loan legally or morally constitutes usury?

  How many optimal paths are there for this board

Apply your algorithm to the board below, where the inaccessible cells are shown by X's . How many optimal paths are there for this board?

  The village of marengo conducted a census

But instead of writing your pseudocode/program for "fewer than 300" households, write your pseudocode/program for EXACTLY 7 households.

  Describe the network configuration and network appliances

Describe the network configuration and network appliances

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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