What is next year dividend payment

Reference no: EM13275260

Briley, Inc., is expected to pay equal dividends at the end of each of the next two years. Thereafter, the dividend will grow at a constant annual rate of 5 percent, forever. The current stock price is $38.

Required:

What is next year's dividend payment if the required rate of return is 11 percent?

Reference no: EM13275260

Questions Cloud

How is the voltage divided among resistors in parallel : How is the voltage divided among resistors in parallel and What happens to resistance when resistors are connected in parallel

Find the price of a call option on the stock : The current price of a stock is $20 . In 1 year, the price will be either $26 or $16. The annual risk -free rate is 5%. Find the price of a call option on the stock that has a strike price of $21 and that expires in 1 year. (Hint: Use daily compou..

State a net ionic equation for the reaction that occurs : Write a net ionic equation for the reaction that occurs when cobalt(II) carbonate (s) and excess hydrochloric acid (aq) are combined.

Consider a european call option on a stock : Consider a European call option on a stock, with 1 year to expiration, and a strike price of 50. Suppose that the risk-free rate is 4% APR with semiannual compounding, and that the call premium (or price) is $1.

What is next year dividend payment : Briley, Inc., is expected to pay equal dividends at the end of each of the next two years. Thereafter, the dividend will grow at a constant annual rate of 5 percent, forever. The current stock price is $38.

Design op-amp astable multivibrator to have output frequency : Design an op-amp astable multivibrator to have an output frequency of 400Hz and the frequency should be adjustable by plus or minus 20%. Use a 741 op-amp with supply of plus or minus 18 volts.

What is the horizontal range of the balls travel : You then kick the ball with the same initial velocity and at the same angle to the horizontal. This time, however, you kick it up a 15 degree slope. What is the horizontal range of the ball's travel

State an net ionic equation for the reaction : Write a net ionic equation for the reaction that occurs when zinc sulfide (s) and excess hydriodic acid (aq) are combined.

Calculate the voltage between points a and b for a device : A device moves 120 coulombs of charge from point a to b in 8 seconds. the distance between a and b is 6 cm. the energy expended in moving the charge is 600 Ws. calculate the voltage between a and b.

User Account

All Pages