User Account

All Pages

What is the current price-gilmore inc

Assignment Help Finance Basics
Reference no: EM132785485

Gilmore, Inc., just paid a dividend of $3.76 per share on its stock. The dividends are expected to grow at a constant rate of 6.5 percent per year, indefinitely. If investors require a return of 14.1 percent on this stock, what is the current price? (Do not round intermediate calculations, round your answer to two decimals, i.e. 32.16)

Reference no: EM132785485

Questions Cloud

What amount remitted by dave co and the consignment profit : What amount remitted by Dave Co. and the consignment profit of Anton Corp. are? Anton Corporation delivered 150,000 bath water heaters on consignment
Employees of riley industries on hdhps : How should you educate the employees of Riley Industries on HDHPs?
Describe the russian empire as a confessional state : In the first part of the article, Crews describes the Russian Empire as a "confessional state". What does he mean by this term? Also in the first part of the.
Make entries to record accrued labor at the end of january : Make entries to record accrued labor at the end of January, to distribute payroll, and to record employer's taxes on wages earned in January.
What is the current price-gilmore inc : Gilmore, Inc., just paid a dividend of $3.76 per share on its stock. The dividends are expected to grow at a constant rate of 6.5 percent per year, indefinitely
What growth rate is expected for the company stock price : If the company plans to pay a dividend of $5.9 next year, what growth rate is expected for the company's stock price?
Prepare the journal entry when s retires : Partner S retires from the partnership and receives $420,000 for her capital interest. Prepare the journal entry when S retires and all goodwill is recognized?
What is the required return-zizzle inc : The next dividend payment by Zizzle, Inc., will be $4.45 per share. The dividends are anticipated to maintain a growth rate of 7.8 percent forever
Prepare the journal entry if the bonus method is used : Prepare the journal entry if the bonus method is used. Chico and Dino share net income and losses in a 7:3 ratio and have capital balances of $35,000

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd