What is the company current stock price

Assignment Help Financial Management
Reference no: EM131599888

Kelso Corporation just paid a dividend of D_0 = $0.90 per share, and that dividend is expected to grow at a constant rate of 6.50% per year in the future. The company's beta is 1.70, the required return on the market is 10.50%, and the risk-free rate is 4.50%. What is the company's current stock price?

Rounded to 2 decimal places, with no special characters.

Reference no: EM131599888

Questions Cloud

Based on corporate valuation model-what is price per share : Based on the corporate valuation model, SG Telecom's total corporate value is $750 million. what is its price per share?
What is the expected return on the corporation stock : What is the CAPM required return on the corporation’s stock? What is the expected return on the corporation’s stock?
What is the horizon value : Midwest Industries is undergoing a restructuring, and its free cash flows are expected to vary considerably during the next few years.
Estimated intrinsic value per share of common stock : what is the estimated intrinsic value per share of their common stock?
What is the company current stock price : Kelso Corporation just paid a dividend of D_0 = $0.90 per share, What is the company's current stock price?
The quantity where operating cash flow equals zero : The quantity where operating cash flow equals zero is _____ units. The quantity where Net Income would be zero is _____ units.
What is the profit on new sales : Price Corp. is considering selling to a group of new customers and creating new annual sales of $270,000. What is the profit on new sales?
Expected to pay dividend-what is the current stock price : Network One is expected to pay a dividend of $3.00 at the end of each year. what is the current stock price.
Corporate financing-long term and short term : Describe the selected topic in relation to a corporate environment. Explain how to monitor their performance.

Reviews

Write a Review

Financial Management Questions & Answers

  What is the weighted average price per earnings

MGMT 3048 - FINANCIAL MANAGEMENT What is the weighted average price per earnings of the combined firm AB and what is the maximum number of shares firm A will be willing to offer to shareholders of firm B and the minimum number if shares acceptable t..

  Comparing two credit cards

Suppose you are comparing two credit cards. Visa has an annual rate of 16% and is compounded daily.

  Electric company uses only debt and common equity

WACC Empire Electric Company (EEC) uses only debt and common equity. What is its cost of common equity? Which projects should Empire accept?

  What is the one year treasury security rate

If the unbiased expectations theory of the term structure of interest rates holds, what is the 1-year Treasury security rate, 1R1?

  Calculate weighted average cost of capital and cost of debt

Calculate the weighted average cost of capital (WACC) and cost of debt given:

  Were the surveillance methods used by the fbi effective

In August 2001, it was discovered the McDonald’s Monopoly game was a fraud. Simon Marketing, which ran the game on behalf of McDonald’s, was responsible for the fraud. How did the FBI use the surveillance to gather evidence regarding Simon Marketing’..

  Provisions often result in reduced stockholder wealth

Explain why Poison Pills provisions often result in reduced Stockholder wealth.

  What is the firm inventory conversion period

On average, a firm purchases $2,000,000 in merchandise a month. It has inventories equal to two month purchases on hand at all times. If the firm analyzes its accounts using a 360-day year, what is the firm’s inventory conversion period?

  What is the aftertax cash flow from sale of this asset

Consider an asset that costs $255,200 and is depreciated straight-line to zero over its 10-year tax life. what is the aftertax cash flow from sale of this asset

  Investment will result in additional cash flows

McKenna Sports Authority is getting ready to produce a new line of gold clubs by investing $1.85 million. The investment will result in additional cash flows of $525,000, $817,500, and $1,200,000 over the next three years. What is the payback period ..

  Estimate the six month euro interest rate

The current USD/euro exchange rate is 1.4000 dollar per euro. Estimate the six month euro interest rate.

  Firm is operating at accounting break-even level of output

Which of the following values will be equal to zero when a firm is operating at the accounting break-even level of output?

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