What is stock current value per share

Assignment Help Financial Management
Reference no: EM131882051

Tresnan Brothers is expected to pay a $3.3 per share dividend at the end of the year (i.e., D1 = $3.3). The dividend is expected to grow at a constant rate of 10% a year. The required rate of return on the stock, rs, is 13%. What is the stock's current value per share? Round your answer to two decimal places.

Reference no: EM131882051

Questions Cloud

What is the ROI for the investment : A new inventory management system for ABC Company could be developed at a cost of $260,000. The estimated net operating costs and estimated net benefits.
What stock price is expected one year from now : What stock price is expected 1 year from now? What is the required rate of return?
What is the firm horizon or continuing and value : What is the firm's horizon, or continuing, value? What is the firm's intrinsic value today, P^0?
Compare the IT scorecard and dashboard approaches : Compare and contrast the IT scorecard and dashboard approaches. Which, if any, would be most useful to you, as a general manager? Please explain.
What is stock current value per share : The required rate of return on the stock, rs, is 13%. What is the stock's current value per share?
Describe the portfolio for the department of justice : Which investments, if any, appear to be in trouble in the Department of Justice. Based on the information that is provided can you estimate the status.
The yield to maturity is inverse relationship : The relationship between a bond's price and the yield to maturity is an inverse relationship.
Introduce the concept of total cost of ownership : Troon Golf, headquartered in Scottsdale, Arizona, is one of the world's leading luxury-brand golf management and marketing firm with 197 golf courses worldwide.
Are landlords allowed to use potential tenant credit score : Are landlords allowed to use potential tenant’s credit score as part of their decision as to whether they are going to approve the lease application?

Reviews

Write a Review

Financial Management Questions & Answers

  Objective to evaluate the performance in transfer pricing

What is the objective to evaluate the performance in transfer pricing?

  Invest and is looking for long-term return

As a long-time investment expert, you have come to firmly believe in the following rules: If a person is age thirty-five or younger, and is married, then he or she should invest in securities. If a person has less than $20,000 to invest and is lookin..

  Makes short term borrowings denominated

A U.S. based firm makes a short term borrowings denominated in £ from a bank in U.K. The quoted interest rate on this loan is 5.75%. If the spot exchange rate of U.S.$ at the time of taking loan was £0.82 and at the time of expiration was £0.79, comp..

  With continuing high unemployment

With continuing high unemployment, increasing numbers of homebuyers are unable to meet home mortgage payments, forcing banks to either foreclose on these properties, or find other ways to handle non-payments on loans. What action(s) could be taken in..

  What price change would lead to a margin call

A company enters into a futures contract to sell 5,000 bushels of wheat for 750 cents per bushel. The initial margin is $3,000 and the maintenance margin is $2,000. What price change would lead to a margin call? Under what circumstances could $1,500 ..

  Caribbean cruise line has purchased new cruise ship

A Caribbean cruise line has purchased a new cruise ship for $35 million and expects to realize a net revenue of $210,000 each year for the next 10 yeears.

  Metropolis health systems-compute unadjusted rate of return

Metropolis Health Systems’ Laboratory Director expects to purchase new piece of equipment. Compute unadjusted rate of return using original investment amount.

  Compute the company net income

Fido's Dog Spa financial statements show that its total assets equal $100,000, its return on assets (ROA) is 3 percent, and its return on equity (ROE) is 5 percent. (a) Compute the company net income. (b) What portion of total assets is financed with..

  What are the tax consequences to marisol from exercising

what are the tax consequences (per share) to Marisol from exercising the options?

  What is the present value of the bond show your work

You buy a government bond that pays interset twice a year. The interset payment is $300 each six months. The bond matures in six years. The face value of the bond is $10,000. The annual market interset rate is 6 percent.

  What is the minimum capital requirement on the mortgage

What is the minimum capital requirement on the mortgage in order for the institution to be adequately capitalized?

  How much interest do you earn on a deposit

If the bank states an effective interest rate of 12% per annum, and there are 52.15 weeks, how much interest do you earn on a deposit of $100,000 over 1 week?

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