Kuruman diamond cash dividends be in seven years

Assignment Help Business Economics
Reference no: EM131983296

Kuruman Diamond Inc paid a dividend of $0.90 per share. The firm paid a dividend of $1.66 per share yesterday. Dividends will grow over the next five years at the same rate they grew over the last four years. Thereafter dividends will grow at 8 percent per year. The required return on the stock is 20 percent. What will Kuruman diamond's cash dividends be in seven years.

Reference no: EM131983296

Questions Cloud

Describe the different forms of corruption : BUS 300 - BUSINESS ETHICS AND SUSTAINABILITY - ASSIGNMENT QUESTION Corruption is one of the common unethical behaviours in countries across the world
What must this investor believe about the stock price : What must this investor believe about the stock price in order to justify this position?
Find the required return and standard deviation : Find the required return and standard deviation for the following stock using the following information:
Statement that equity is call option on the firm assets : Explain the rationale behind the statement that equity is a call option on the firm’s assets. When would a shareholder allow the call to expire?
Kuruman diamond cash dividends be in seven years : The required return on the stock is 20 percent. What will Kuruman diamond's cash dividends be in seven years.
How would you measure cultural competence in organization : What is the value of a culturally competent healthcare organization and its staff? How would you measure cultural competence in your organization?
What will be his after-tax yield to maturity : An investor purchases a 30-year U.S government bond for $1,020. The bond's coupon rate is 9 percent and, it still had 14 years remaining until maturity.
Difference between Roth IRA and traditional IRA : The difference between a Roth IRA and a traditional IRA is that in a Roth IRA taxes are paid on the income that is contributed but the withdrawals at retirement
Discuss ways in which you can design your software : Discuss ways in which you can design your software and applications - Building a house, as one of a series of identical houses all over Australia

Reviews

Write a Review

Business Economics Questions & Answers

  Q1 peter and sally enter a bus and two adjacent cramped

q1. peter and sally enter a bus and two adjacent cramped seats are free. they must decide whether to sit or stand.

  Estimate the number of students at the university

Estimate the number of students at the university next year, and revenue, if the president keeps the present marketing mix unchanged - Estimate the level

  Monopolistically competitive firm produces quantity

In the long run, a monopolistically competitive firm produces a quantity that

  What type of good is wireless internet provided by airport

Your local airport recently started providing wireless Internet access throughout the airport for free. However, very few people have been using the free Internet, primarily because the airport serves a medium- to small-sized community. Initially, wh..

  Terms of today purchasing power

A: A constant $50,000 per year in terms of today's purchasing power. Company B: $45,000 the first year, with increases of $2500 per year thereafter. Company

  Improve worker productivity

A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual workers, you have acces..

  How much does the airport need to set aside now to pay

How much does the airport need to set aside now to pay for these costs, if the company can earn 10% per year, compounded every 4 months?

  Sample correlation coefficient

Find the 90% confidence interval for the compensation of a year when the productivity is 85 and interpret the C.I.

  Lowest share she would accept to manage the firm

Clare manages a piano store. Her utility function is given by Utility = w − 100 where w is the total of all moentary payments to her and 100 represents the cost to her of the effort of running the sotre. What would be the lowest share she would accep..

  What is the value of the test statistic

A business school has found that over the years, out of all the students who are offered admission, the proportions who accept is 0.70. After a new director of admissions is hired, the university wants to check if the proportion of students accepting..

  Increasing returns to scale occurs when firms

Increasing returns to scale occurs when a firm's: Which of the following is NOT an assumption of monopolistic competition? Which of the following is NOT a reason for Canada to join NAFTA? Which of the following is the calculation that tells us the pr..

  Write down the isocost equation for the restaurant

A fast food restaurant currently pays $5 per hour for servers and $50 per hour to rent ovens and other kitchen machinery. The restaurant uses seven hours of server time per unit of machinery time. Write down the isocost equation for the restaurant.

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