What is greenlandic pull total market value

Assignment Help Business Economics
Reference no: EM132084372

Greenlandic Pulls, a dog sled company, has a common stock currently trading at $160 per share that was originally issued at $120 per share. Their growth rate is 4% announced a future annual dividend of $2.00 per share. They have 20,000 shares outstanding. Their bonds are semiannual with 10 years to maturity, a coupon of 10% a book value of $900,000, and are trading at $800. Their preferred stock has a book value of $500,000, is currently trading at $90, and earns a dividend of $3.00. Their tax rate is 21%. What is Greenlandic Pull's total market value?

Reference no: EM132084372

Questions Cloud

How much will you have after two years : If you deposit ?$1,400 in a bank CD that pays interest of 8?% per? year, how much will you have after two years?
Find the market capitalization : By looking around this site, you should be able to find the market capitalization (E) as well as the ß for any publicly traded company.
Corporate overhead among cost centers : What is the best way to distribute corporate overhead among cost centers?
How many shares outstanding does flex have : They issued these shares at $40 and they are now trading at $50. How many shares outstanding does Flex have?
What is greenlandic pull total market value : Their preferred stock has a book value of $500,000, is currently trading at $90, and earns a dividend of $3.00. Their tax rate is 21%.
What is slopes united weighted average flotation cost : Flotation costs on equity is 15%, on debt is 5%, and on preferred stock is 7%. What is Slopes United's weighted average flotation cost?
Write a program that reads in a sequence of characters : Write a program that reads in a sequence of characters entered by the user and terminated by a period ('.').
What is the expected return on a portfolio : Given the formula information. What is the expected return on a portfolio which is invested 40% in stock X and 60% in stock y?
What is the cost of equity : This dividend is expected to increase by 5 percent annually. The company's stock is currently selling for $35 per share. What is the cost of equity?

Reviews

Write a Review

Business Economics Questions & Answers

  Repaid in three equal semiannual

A loan of $1000 is to be repaid in three equal semiannual (every 6 months) payments. If the annualinterest rate is 7% compounded semiannually

  Impact of consumption tax on welfare of in dividual parties

Having rejected a tariff on steel (that is, a tax on steel imports), the Prime-Minister of Isoland (a small open economy) is now considering a specific tax on all steel consumption in isoland (both domestically sources steel and imported steel). Illu..

  Evaluate the critics argument on the issue

Assume that you just saw the third quarterly economic statistics of this year for the U.S. economy. The data indicates that the economy has added 200,000 new jobs and the unemployment rate had fallen to 8%. Despite this good news, however, the report..

  Write utility function consistent with preferences

Duffy derives utility from only two goods: milk and cookies. He only consumes milk and cookies in fixed proportions: he likes to have 4 cookies with each glass of milk. Duffy has income of $270, the price of milk is $1 per glass, and the price of a c..

  Relationship between slope and concept of elasticity

Revisit the relationship between the slope and the concept of elasticity. What is the impact of “time” on elasticity values and applications? What would happen to the demand for luxuries and necessities if wealth were to be redistributed from the wea..

  Two different liners for an evaporation pond

An engineer is considering two different liners for an evaporation pond that will receive salty concentrate from a brackish water desalting plant. A plastic liner will cost $0.90 per square foot initially and will require replacement in 15 years when..

  The maintenance on machine is expected

The maintenance on a machine is expected to be $155 at the end of the first year, then increasing by $35 each year for the next 7 years. What sum of money would need to be set aside now to pay the maintenance for the 8-year period? Assume 6% interest

  Conduct open market operations to achieve its goal

If real GDP is lower than potential GDP and RBA wants to keep real GDP at its potential level, should the RBA use a contractionary or expansionary policy?

  Draw diagram showing the effect of the policy

In the late eighteenth century, the price of bread in New York City was controlled, set at a predetermined price above the market price. Draw a diagram showing the effect of the policy. Did the policy act as a price ceiling or a price floor?

  Assumes rational behavior from actors consumers-suppliers

Neoclassical economics assumes rational behavior from actors (consumers and suppliers) as well as profit maximizing behavior. These assumptions make sense (do we want to assume people are irrational - how do you study that) but are they real.

  Obtain major portion of export earnings from bottled water

In March 2007 it was announced that several restaurants in the greater San Francisco area would no longer provide bottled water to their patrons to save.

  Markups and prices under third-degree price discrimination

You are the manager of a monopoly that sells a product to two groups of consumers in different parts of the country. Group 1s elasticity of demand is -4, while group 2s is -3. Your marginal cost of producing the product is $20. Determine your optimal..

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