Light of the dividend payment logistics

Assignment Help Finance Basics
Reference no: EM131733167

Kenzie Cos. is expected to pay a dividend of $2.55 per year indefinitely. The appropriate rate of return on this stock is 16 percent per year, and the stock consistently goes ex-dividend 40 days before dividend payment date.

What will be the expected minimum price in light of the dividend payment logistics? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Minimum stock price $

What will be the expected maximum price in light of the dividend payment logistics? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Maximum stock price $

Reference no: EM131733167

Questions Cloud

How many bonds will dipitro paint : How many bonds will DiPitro's Paint and Wallpaper need to sell in order to receive the $1.08 million it needs?
Calculating the cash budget : Calculating the Cash Budget. Here are some important figures from the budget of Marston, Inc., for the second quarter of 2016.
Evidence-based article from a peer reviewed nursing journal : describe the "best practice." Conclude your discussion by explaining whether you thought the research findings supported the conclusions
Is the supplier quality report good idea : Do you believe that AT&T’s standard for its suppliers are too rigid? Why or why not? Is the “Supplier Quality report” a good idea or are monthly reports to freq
Light of the dividend payment logistics : What will be the expected minimum price in light of the dividend payment logistics?
Calculate cash collections in each quarters : Accounts receivable at the beginning of the year are $1,900. The company has a 45-day collection period. Calculate cash collections in each of the four quarter.
Discuss differences of the cardiovascular system : Compare anatomic and physiologic differences of the cardiovascular system in infants and children versus adults
Voip system upgrade and software development : Quality management for VOIP System Upgrade and Software Development.
Define what if the reason for the visit is lengthy : What if the reason for the visit is lengthy and there is not enough time to discuss each issue the patient has

Reviews

Write a Review

Finance Basics Questions & Answers

  Companys operating risk and its optimal capital structure

What is the relation between a company's operating risk and its optimal capital structure? What is meant by the pecking order theory of capital structure?

  What is the time value of the call option

An option on a stock has the following data: S = $60.36; E = $60; r = 1.75%; T = 18 days; std dev = 0.674 (i.e. 67.4%); market price of call = $3.50.

  What is the current bond price

The bonds make annual payments. If the YTM on these bonds is 4 percent, what is the current bond price?

  If an investor purchases a share of stock for 300 collects

1. suppose a zero coupon bond is selling for 614 today. it promises to pay 1000 in exactly 10 years with annual

  How share of gdp affects overall economy

Explain how the health care industry's share of GDP affects the entire economy?

  You want to buy either stock a5550 or 5550a the first one

you want to buy either stock a5550 or 5550a. the first one has pe ratio pe3 while the second one has pe37. discuss the

  Discuss problem related to the payx

Paychex Inc. (PAYX) recently paid a $0.84 dividend. The dividend is expected to grow at a 15 percent rate.

  Suppose you were preparing a two-way table of percentages

suppose you were preparing a two-way table of percentages for the following pairs of variables. how woul dyou run the

  The consumer purchases insurance,

When the consumer purchases insurance, several key decisions are made. What are these key decisions?  What are considered the benefits and the costs to society of operating an insurance mechanism?

  Explain what are the limitations of financial ratios

After review of financial statements, managers can use basic financial ratio analysis tools to establish. Explain what are the limitations of financial ratios?

  How is the given influence different than in the us

Discuss how cultural factors and economic reforms have influenced the accounting practices in the country. How is this influence different than in the U.S.?

  Determine the expected return on portfolio which consists

you are an investment fund manager who can allocate funds between two stocks or form a portfolio of these two stocks.

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