User Account

All Pages

The ackert companys last dividend was 155 the dividend

Assignment Help Finance Basics
Reference no: EM13569611

The Ackert Company's last dividend was $1.55. The dividend growth rate is expected to be constant at 1.5% for 2 years, after which dividends are expected to grow at a rate of 8.0% forever. The firm's required return (rs) is 12.0%. What is the best estimate of the current stock price?

a. 37.05

b. 38.16

c. 39.30

d. 40.48

e. 41.70

Reference no: EM13569611

Questions Cloud

A 30 year bond has a coupon rate of 15 coupons are paid : a 30 year bond has a coupon rate of 15. coupons are paid annually. the bond is fourteen years old and has a required
Now suppose that instead of issuing debt beta is financed : in 2007 beta corporation earned gross profits of 760000.a. suppose that it is financed by a combination of common stock
Current preferred dividend preferred available for common : 200000 shares of no-par common stock. 2. 10000 shares of 100 par 8 percent cumulative preferred stock.on february 1
Cook company estimates that 357300 direct labor hours will : cook company estimates that 357300 direct labor hours will be worked during the coming year 2014 in the packaging
The ackert companys last dividend was 155 the dividend : the ackert companys last dividend was 1.55. the dividend growth rate is expected to be constant at 1.5 for 2 years
What is the purpose of cafr what are the components of cafr : what is the purpose of cafr? what are the components of cafr? why is the federal government not subject to gasb 34? how
The project will require 2000 of net working capital which : acme is considering adding an additional driving range to its facility. the range would cost 76000 would be depreciated
Edgar co has a tax rate of 35 the company sells a product : required for each of the following situations calculate the missing items.a acme inc. sells its products for 45. the
What are some examples of government and not-for-profit : what are some examples of government and not-for-profit organizations? how do proprietary businesses measure success?

Reviews

Write a Review

Finance Basics Questions & Answers

  Computation of irr and npv of the project

Computation of IRR and NPV of the project and decision making and which project should be adopted and Why

  Determine the expected activity lengths and variances

Use the activity table below to determine the expected activity lengths and variances for each of the activities, using the beta distribution.

  What effect did the expansion have on sales and net income

what effect did the expansion have on sales and net income? what effect did the expansion have on the asset side of the

  Electronic funds transfers and value of money

There is often a number of people in the world that do not actually see the value of a dollar anymore. The fact that a person can go up to an ATM and withdraw any amount of cash.

  Why you selected the investments you did

Pretend that you have $10,000 to invest for four weeks. You are to "invest" this money in stocks or mutual funds and to track your investments on a weekly basis for four weeks (see schedule for due date). Pick five different stocks or funds to follow..

  What is the new break-even point for the week

How much monthly profit would they now make selling 40 coats per week? How few coats could they sell per week and still match the profit from the original situation?

  What is the value of the index

The annual expected dividend on the S&P index was about 154.6. If the dividend is expected to grow at a steady rate of 8% a year and the required annual rate of return is 10%, what is the value of the index? a. 1193 b 1700 c 7730 d none of these

  Discuss the mix of debt and equity financing

Discuss and explain the instructor that discusses how your company (project company) is financed. Discuss the mix of debt and equity financing.

  Ecology labs inc will pay a dividend of 640 per share in

ecology labs inc. will pay a dividend of 6.40 per share in the next 12 months d1. the required rate of return ke is 14

  A close end investment company is currently selling for 10

a close end investment company is currently selling for 10 and you purchase 100 shares. during the year the company

  1-use is-lm model to illustrate and explain the impact of

1-use is-lm model to illustrate and explain the impact of an expansionary monetrary policy on the level of output and

  Calculate the current value of the bond

Due to a number of lawsuits related to toxic wastes, major chemical producre has recently experienced a market revaluation. The company has a bond issue outstanding with fifteen years to maturity and a coupon rate of 8 percent,

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