What is the current per-share price of tmc stock

Assignment Help Financial Management

Reference no: EM131939766

TMC Corporation paid out its semi-annual dividend of $2 three months ago. It is expected to pay a $2.2 dividend after three months. The following semi-annual dividends are expected to grow at a rate of 1.5% every half a year into the foreseeable future. Given that investors requiring an effective annual rate of return on TMC stock is 10%, what is the current per-share price of TMC stock?

Reference no: EM131939766

Questions Cloud

Considering four year project with the cash flows : A company is considering a 4-year project with the following cash flows: C0=-$20,000, C1=C2=C3=C4=$7,000

What is the annual irr on ann mortgage : Ann makes the required monthly payment for 3 years and prepays after her final monthly payment at the end of 3 years. What is the annual IRR on Ann’s mortgage?

Coupon is paid semi-annually and yield to maturity : The coupon is paid semi-annually and the yield to maturity is 12%. How much would you pay for the bond if:

Calculate present value of your prize in nominal terms : Calculate the present value of your prize in nominal terms (Using the precise inflation rate formula).

What is the current per-share price of tmc stock : Given that investors requiring an effective annual rate of return on TMC stock is 10%, what is the current per-share price of TMC stock?

Growth rate in dividends forever : Afterward the company pledges to maintain a constant 5 percent growth rate in dividends forever. what is the current share price?

Company will maintain that dividend growth rate : The company will maintain that dividend growth rate, forever. The required rate of return for Gordon Corporation is 17 percent. What is the price for the stock?

What is the npv of project using apv methodology : The 5-year project requires equipment that costs $100,000. What is the NPV of the project using the APV methodology?

Dividend policy reflect company growth : The XYZ Corp. has decided that its dividend policy reflect company growth.

User Account

All Pages