Required rate of return on the stock

Assignment Help Business Management
Reference no: EM132376404

ABC, Inc. just paid dividend of $9.66. The dividends are expected to grow at 3.88% each year forever. The required rate of return on the stock is 17.34%. What is today's price of the stock?

Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

Reference no: EM132376404

Questions Cloud

What is today price of the stock : After that, the dividends are expected to grow by 8% each year. If the required rate of return is 21%, what is today's price of the stock?
What is today price of the stock : After that, the dividends are expected to grow by 4% each year. If the required rate of return is 12%, what is today's price of the stock?
What is the amount of dividend : What is the amount of dividend in Year 4? That is, what is D4? Assume that the dividends are expected to grow by 2% each year.
What is the amount of dividend in year : What is the amount of dividend in Year 20? That is, what is D20? Assume that the dividends are expected to grow by 15% each year.
Required rate of return on the stock : ABC, Inc. just paid dividend of $9.66. The dividends are expected to grow at 3.88% each year forever. The required rate of return on the stock is 17.34%.
What is today price of the stock : The required rate of return on the stock is 22.07%. What is today's price of the stock?
Create an annotated bibliography : Create an annotated bibliography - To create a plan and a body of research to inform your final assignment - foundation of research for your final paper
Prepare the month end accounting entries : Create a new business, input transactions, and generate financial statements and reports using Xero. This assignment question sheet should be used
What is the current period dividend : If the required rate of return on the stock is 14.07%, what is the current period's dividend? That is, solve for D0.

Reviews

Write a Review

Business Management Questions & Answers

  Introduction to supply chain management

- Introduction to Supply chain Management(Overview) - Purchasing Management

  Building an iconic craft beer brand

Case: Soweto Gold: Building an Iconic Craft Beer Brand Readings: From HBS Five Pillars for Doing Business in Africa: A Roadmap to Opportunities

  Consumers always buy the lowest-priced shirts

US consumers always buy the lowest-priced shirts and the US has a $3 tariff on shirt imports (we're looking at the US as the market/ as the importer). Then, the US and Mexico form a free Trade Area which does not include Thailand. For all the foll..

  Discuss the impact of health policies on health services

In 100 words or more, discuss the impact of health policies on health services in terms of the money, human resources, and technology used to produce these services. Your answer should include a discussion on each of the three areas.

  Average costs and average revenue

If it meets these targets, what is likely to have happened to its total costs, total revenue, average costs and average revenue? Give reasons for your answer.

  Place of employment

Think about the most memorable "first day" experience you participated in, whether it was at a place of employment, Share in your post if it was a positive

  How does the hotel industry use reverse logistics

How does the hotel industry use reverse logistics in their day-to-day operations? Please also provide an example of how this type of activity is used

  Daniel is the owner of a chain of shoe stores

Daniel is the owner of a chain of shoe stores. He hires Rubya to be the manager of a new store which is to open in Grand Rapids Michigan. Daniel by written contract decides to pay Rubya a monthly salary

  Class labor issues and conflict management

Your boss comes to you with concerns about what the upcoming overtime rule change will do to the company's bottom line, as there are several currently excluded / exempt employees that regularly work more than 40 hours in a week.  She floats a numb..

  Explain the concept of patient-centered medical home

Explain the concept of patient-centered medical home (PCMH) to your Uncle and how it will improve the health care he receives.

  How many years is needed to refund the investment

How many years is needed to refund the investment (roi) - How many market share we will earn and How long it takes to build a wind turbine

  Describe the organization skills and staff

Prepare an annoctated bibliography summarizing at least three sources of the above (1.) Included should describe the organization's Skills and Staff. Included should discuss the links among Skills, Staff and Shared Values.

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