What is the current price

Assignment Help Finance Basics
Reference no: EM132342134

The Nearside Co. just paid a dividend of $2.07 per share on it's stock. The dividends are expected to grow at a constant rate of 4.3 percent per year, indefinitely. If investors require a return of 11 percent on the stock, what is the current price? What will the price be in 3 years? In 15 years?

Reference no: EM132342134

Questions Cloud

What is the equilibrium value of a share : What is the equilibrium value of a share of Trevan today?
Issue of preferred stock outstanding : Meteora, Inc., has an issue of preferred stock outstanding that pays a $3.75 dividend every year, in perpetuity.
What is the current share price : If the required return on this stock is 9.5 percent, what is the current share price?
What is the required return : The dividends are anticipated to maintain a growth rate of 4.8 percent, forever. If the stock currently sells for $53.10 per share, what is the required return?
What is the current price : If investors require a return of 11 percent on the stock, what is the current price? What will the price be in 3 years? In 15 years?
Require a return of 10 percent on project : We are evaluating a project that costs$864,000, has an eight-year life, and has no salvage. Assume that deprecition is striaght-line to zero over the life
Annual coupon bond with a face value : Consider an annual coupon bond with a face value of ?$100 9 years to? maturity, and a price of ?$95.
Explain the stages and steps involved : Explain the stages and steps involved in the modern approaches to cash management.
What annual rate did earnings per share grow : Microsoft Corp. reported earnings per share of $1.55 in 2006 and $2.45 in 2016. At what annual rate did earnings per share grow over this period?

Reviews

Write a Review

Finance Basics Questions & Answers

  The pap provides for two optional coverages

Coverage for Damage to Your Auto (Part D) in the PAP provides for two optional coverages: (1) collision coverage, and (2) other-than-collision coverage.

  Calculate portfolio return and risk

An investor holds two equity shares X and Y in equal proportion with following risk and retun characteristics. E(X)=24% , E(Y)=19% SD(X)=28% , SD(Y)=23% The return of these securities have a positive co-relation of 0.6. Calculate portfolio return ..

  Analyze the agency compensation for employees

Analyze the agency's compensation for employees. Provide a rationale on what the costs and benefits would be for a 2 percent, 4 percent, or 5 percent pay increase for the fiscal year 2014

  What is the current price of the stock

Ginger Baker, Inc. just paid an annual dividend of $3 a share and this dividend is expected to grow at a rate of 4% per year for the foreseeable future. If the discount rate for Ginger Baker is 9%, what is the current price of the stock?

  Assignment on operating budget

Assignment on Operating Budget

  What is the issuance price of the bond

A 30-year zero-coupon bond that yields 12% percent is issued with a $1000 par value. What is the issuance price of the bond?

  What are the critical issues involved in affirmative action

What are some of the critical issues involved in affirmative action? How might affirmative action be improved?

  Terminate the employment relationship

The basic law of employment in 49 of the 50 states of the USA is employment at will--meaning either side can terminate the employment relationship

  Forecast for operating a small start up company

What is the importance of a cash flow forecast for operating a small start up company?

  The addition of a new smelting machine

The Cosmo K Manufacturing Group is considering the addition of a new smelting machine or a new paving machine. The two investments are mutually exclusive; if one is selected, the other is rejected. The annual cash flows after taxes and the effects of..

  Explaining and analysing the project in detail

Explaining and Analysing the project in detail and finding NPV

  How are monetary policy and inflation related

How are monetary policy, the bond market and inflation related? Apply these relationships to advise a small-business owner who wants to start a pension fund.

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